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George Shirley[_2_]

On 8/9/2010 4:02 PM, wrote:
> In my area Pittsburgh, PA, food prices really seem to be increasing
> especially for beef. It is hard to get any hamburger for less than two
> dolllars a pound. Spare ribs on sale last summer were around $1.59,
> but now on sale they are around two dollars, and the same for pork
> chops. Then I read in the paper that the Russian wheat harvest is in
> trouble, and that bread prices will probably rise between twenty and
> thirty percent.

Bought a ten-pound sirloin roast Saturday at the local Kroger store,
$.47 a pound. Cut it up into steaks and three small roasts. Baby back
ribs were $2.47 a pound, a good price around here. Spare ribs routinely
run from $1.75 to more than $2.00 a pound when not on sale and, rarely,
99 cents a pound when on sale.

I never heard of the Russian wheat harvest affecting bread prices in
American, we don't do a lot of trade with them as far as I know. Plus
they can get Canadian wheat cheaper than they can from us.
>
> Of course the headlines mention economists who are worried about
> deflation rather than inflation. I guess they have not gone to the
> store lately.
>
> Tom

Here in the south I don't notice the food prices going up that much
except with luxury goods. Seems prices have remained reasonable of late
and I do all the grocery shopping.