Categories

Economy & Politics

Tools

  • Economy & Politics
  • Investing
  • Personal Finance
  • Related Posts


    Bashing The Koch Brothers While Taking Soros Money: It’s A Democrat Thing; You Wouldn’t Understand
    Police Lobby Gears Up To Protect Militarization Of Law Enforcement
    Rand Paul: Hillary Clinton Is A Warmonger Who Would Get Clobbered In 2016
    Personal Spending Suffers First Drop Since January As Consumer Income, Outlays Miss
    Putin Says Everything U.S. Touches Turns Out Like Libya Or Iraq
    Obama: “We Don’t Have A Strategy Yet”
    A World Without Fractional Reserve Banks And Central Planning
    Obama’s National Security Council Meeting Has Concluded: Here Are The People Bringing You ISIS “Strategy”
    The Fed’s “Mutant, Broken Market”
    What Leading From Behind Looks Like
    The Democrats’ Problem
    The Drums Of War Beat For ISIS But Is Obama Ready?
    Eurosclerosis Comes To The U.S.
    Moscow Strategists View World As War Theater
    Arm Ukraine If You’re Ready To Fight For It 


    Food Inflation Is On The Way

    Sometimes, it is easy to drown out the constant talk about the economy from politicians, economists and pundits. That’s especially so if, despite having to deal with some hardship, you’re one of the lucky Americans still living in relative economic comfort. But a disturbing economic factor expected to emerge in 2013 is going to have a noticeable impact on every American: Food prices are going up.

    Because of harsh weather conditions in 2012 and a multitude of other economic variables, Americans are going to notice considerably higher prices on everything from animal products to baked goods in coming months, according to a report from the U.S. Department of Agriculture’s Economic Research Service.

    Despite severe drought throughout the Midwest last year, supermarket prices on most food items remained flat throughout 2012. According to the USDA report, the food-at-home Consumer Price Index increased by only about 0.5 percent from January to December. But because of the time it takes commodity price changes to affect retail prices, consumers are going to bear the brunt of the drought effects in 2013.

    The USDA calculates that the CPI on all foods will increase by about 3 to 4 percent in 2013, well above the historical average for food inflation. The highest price hikes in the early part of the year will affect animal-based foodstuffs.

    Here are a few tips that could help you offset the coming food inflation and improve your health in the process:

    Buy local and seasonal food items.

    In most areas, a viable alternative to the supermarket is the farmer’s market. By supporting local produce growers and buying fruits and vegetable that are in season, you can not only make healthier food choices but also save money buying foods whose prices aren’t affected by added shipping costs.

    With a little effort, you may also find a local butcher shop or meat processor in your community. Commonly, meat is sold at lower prices at these outlets and sometimes is of higher quality than meat products sold at mega supermarket chains.

    Grow your own.

    Even if you don’t have a green thumb, learning to maintain a vegetable garden can be a rewarding and relaxing experience. Check with your local nursery to find out which items grow best during different seasons in your area.

    Forget about processed foods.

    A bane of health in modern society, processed foods are unnecessary, and they are killing you. You can save big money and enjoy a healthier and better tasting diet by replacing store-bought with handmade. And though the art of baking bread and making pasta may be lost for many people, the Internet can offer age-old recipes to replace just about any processed foodstuff. If time is an issue, enjoy a diet of fresh fruit, vegetables and meat on the days when a cooking adventure is not an option.

    Discuss this Story:

    Comment Policy: We encourage open discussion. Comments including racist statements, profanity, name calling or spam will be removed at our discretion. We use filters for spam protection. If your comment does not appear it is likely because it violates the policy.

    South China Sea Follies
    Now It’s Macau That’s Mad At China
    Islamic State’s Centuries-Old Strategy
    Hamas’s Big Victory Was Over The Arab States
    Nation Of Privilege Versus Rule Of Law
    The Republican Obamacare Battle Plan For 2015 
    Putin Has Changed The Game In Ukraine
    Romney? Again? Please Stop
    U.S. Consumer Spending Slips; Savings Highest In 1-1/2 Years
    Disappearing Euro Zone Inflation Set To Heighten ECB Concerns
    Japan Household Spending Slumps, Output Flat As Tax Pain Persists
    China Funds Cut Suggested Equity Allocations As Hopes For Recovery Evaporate: Reuters Poll
    Millennial Malarkey: The Myth That A Generation Hates Cars
    French Workers Aren’t As Lazy As You Think
    As Global Tensions Rise, Banks Need To Watch For Growing Cyber Threats
    The Obama Administration’s Stealth Plan To Remake The Workplace
    Is Technology Stagnating?
    India’s Coal Conundrum
    Putin’s Cherished Deniability Is Shattered
    Can The Middle East Redraw Itself?
    Congressional Budget Office Says Deficit Will Top $500 Billion This Year
    Vehicle To Vehicle Communication Requirements Could Give Government Control Over Personal Travel
    Leading Us To War Again
    Former HHS Cyber Security Director Guilty On Numerous Child Porn Charges
    Officials Say Hundreds Of Americans Have Joined Islamic State Terror Group As It Gains A Disturbing Amount Of Western Support
    Initial Jobless Claims Drop Back Under 300k, Continuing Claims Rise
    Ukraine Accuses Russia Of Launching Invasion, Then Promptly Retracts
    “Our Liberty Has Been Sacrificed On The Altar Of National Security”
    Bombs Away! Washington Has Gone Stark Raving Mad
    Russia Sanctions Hit German Consumers, “Economic Expectations Completely Collapse”
    Read more from Economy & Politics...

    Liberty Investor Digest

    Get today's most important
    financial headlines all in
    one place by email!



    Sources


    close[X]

    Sign Up For Liberty Investor Digest™!

    Get Liberty Investor Digest FREE By Email!

    Input your name and email address in the fields below and get today's most important financial headlines sent straight to you inbox!

    Privacy PolicyYou can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.