New report shows price of groceries rising in Ariz. - Ahwatukee Foothills News: Money

default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

New report shows price of groceries rising in Ariz.

Print
Font Size:
Default font size
Larger font size

Related Stories

Posted: Wednesday, August 1, 2012 5:49 pm

The cost of feeding your family is going up.

New figures from the Arizona Farm Bureau Federation put the price tag for a typical market basket of 16 selected basic items at $51.19. That’s up about 40 cents from three months earlier, though slightly below the same time last year.

But the figures are skewed a bit by a big jump in the cost of feeding the family beef for dinner.

Three months ago a pound of sirloin tip roast was running an average of $4.85 in Arizona. It’s now a dollar more.

Take that out of the equation — possibly by looking for alternatives — and that price jump disappears.

The federation’s Julie Murphree said there is no specific reason for the spike in sirloin prices, or, for that matter, the changes overall.

But Murphree warned consumers that there will be some big price swings coming soon. And the reason is the drought.

What’s happened, she said, is that the lack of rain in much of the country is forcing ranchers to sell off their herds that they cannot afford to feed.

In the short term, Murphree said, that is likely to lead to sharply lower beef prices as the market is flooded with meat.

But there’s a nasty surprise waiting in the wings.

“Long term, if cattle have been sent to the market early and you’re cycling through a whole season, later on, when supply is lower, we would see those meat prices increase,’’ she said.

Murphree said that Arizona cattle growers don’t have the same shortages of feed, as much of the supply is produced locally on irrigated fields.

But she said that the demands for feed elsewhere, as crops fail due to lack of rain, will drive up prices on a national level which, in turn, will push up prices for Arizona ranchers.

“It’s kind of a domino effect,’’ she said. “Some of the things that are happening in one part of the country are certainly going to play a role in impacting the prices that eventually get to our pocketbooks.’’

The quarterly survey is based on what federation shoppers found at markets around the state.

Murphree said the prices do not reflect use of coupons or the affinity cards that many supermarket chains provide which give holders additional discounts.

More about

More about

More about

  • Discuss

Canna-tourism: where to get legally stoned in the US

Once upon a time, Amsterdam was the undisputed king of cannabis tourism, and a trip to its “coffee shops” was a rite of passage for any self-r…

Published: September 25, 2016 - 11:47 am @ http://www.independent.co.uk/travel/americas/weed-…

Ann Kirkpatrick Backs Arizona Minimum Wage Increase

Arizona voters will decide in November on Proposition 206, which would eventually raise the state’s minimum wage to $12 per hour. Democratic C…

Published: September 25, 2016 - 10:19 am @ http://knau.org/post/ann-kirkpatrick-backs-arizona…

Phoenix payroll chaos: Prison guards struggling to make ends meet

PrintThe prison guards who watch over some of Canada’s most dangerous criminals are the latest to see their pay lost to glitches in the federa…

Published: September 25, 2016 - 10:16 am @ http://www.ottawacitizen.com/news/local+news/phoen…

Exploring Canada’s West Coast Like Will and Kate

The Duke and Duchess of Cambridge are traveling to Canada for a weeklong visit that’s jam-packed with government receptions and engagements in…

Published: September 25, 2016 - 10:16 am @ http://www.vogue.com/13481981/kate-middleton-princ…

Charlotte police release videos from shooting of Keith Lamont Scott

Following Charlotte Police Chief Kerr Putney’s announcement Saturday that they would release a video from a body camera and a dashcam video, t…

Published: September 25, 2016 - 8:46 am @ http://ktar.com/story/1287942/charlotte-police-rel…

Live! From New York! It's Monday Night! And Possibly The Most-Watched Debate

More than 100 million people are expected to watch the first debate between Hillary Clinton and Donald Trump on Monday night, potentially the …

Published: September 25, 2016 - 8:46 am @ http://www.npr.org/2016/09/25/495315912/live-from-…

OVERTIME: Results, highlights and photos from Week 5

SOUTHERN, AZ (Tucson News Now) - It's hard to believe but this week marked the halfway point of the high school football regular season. Week …

Published: September 25, 2016 - 7:45 am @ http://www.tucsonnewsnow.com/story/33162966/overti…

13th Floor Haunted House in Phoenix now open

The 13th Floor Haunted House in Phoenix is now open. The 13th Floor Haunted House is spooking guests with 2 new shows: a throwback to the clas…

Published: September 25, 2016 - 6:45 am @ http://www.fox10phoenix.com/news/arizona-news/2075…

Mercury players meet with Phoenix police; will keep kneeling

NEW YORK (AP) — Mistie Bass, Kelsey Bone and their Mercury teammates met with Phoenix police a few weeks ago after practice. It was an eye-ope…

Published: September 25, 2016 - 6:47 am @ http://www.nydailynews.com/sports/basketball/mercu…

Farewell Desks, Here Come the 'Starbucks Classrooms'

While many iconic features of traditional classrooms have been sidelined over the past decade – less blackboards,  more whiteboards, bulky tex…

Published: September 25, 2016 - 6:14 am @ http://neatoday.org/2016/09/23/ditching-classroom-desks/

Facebook

ahwatukee.com on Facebook

Twitter

ahwatukee.com on Twitter

RSS

Subscribe to ahwatukee.com via RSS

RSS Feeds

Spacer4px

Most Popular

Online poll

Loading…