Saturday, January 27, 2024

What you need to know about rising food prices 101

Manufacturers do not want to raise food prices because there is market competition and they do not want to lose sales. They often reduce costs by giving you less at the same price as an initial strategy. They will tolerate products being out of stock if they can and look towards higher future demand when possible. They know that prices are rarely lowered and we typically get used to the new pricing although it is still not desirable. That's how inflation begins. We pay more for products and services and salaries need to rise to compensate. 

What is causing price inflation? 

1. Lack of workers and employment issues in factories here and around the world for production.

2. Backups in shipping by land and by sea.  From ports and delivery issues will continue to happen We live in a global world. We not only get our food products but ingredients and packaging materials from all over the world. Sourcing globally provides us with food access, convenience, and, in some cases, has even resulted in lower food prices. 

3. Scarcity 

Stocking up is one way to plan better and helps you have more time to get an item for your holiday dinner. Think of a Thanksgrilling get together setting expectations of an outdoor gathering. 

Now is the time to start planning your Thanksgiving menu so you can purchase your groceries.

Helping you plan, even if you are not the planning type, ensures you will have what you need and waste less. Waste is most often the issue with fresh fruits and vegetables especially now that so many more of us are eating more plant-based meals. Understanding canned and frozen options will help immensely. 

Buying locally and seasonally, planning, and learning the difference between marketing and what really is meaningful and of value to you when purchasing will make all the difference. 

Working with Foodfitter, food choices will be stress-free and you will feel confident that you are making sound food decisions aligned with your values, preferences, and health. 

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About Me

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First trained as a food chemist and nutritionist, my career began enriching a Twinkie, comparing the nutrition of a Twinkie to an apple and studying the role of sugar in the diet. With an M.B.A. and years in food and pharma understanding consumers and manufacturers, I'm back to where I started - food should taste great and serve to keep us healthy. To do so, there needs to be consumer awareness. Consumers need to vote for what they want by buying what they really want. If they buy impulsively, that's what they will see more of. They need to practice balance and responsible choices. That's when change will come. Please engage me with your conversation so that I can help you make and stick to better food choices that you enjoy. You'll gain a deeper appreciation of food not only from farm to table but farm to health. My vision is to promote solutions for healthful food and food practices you can happily embody and embrace!