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Friday, June 20, 2014

Drought Sends Prices of Meat, Fish, Eggs Skyrocketing to All-Time Highs

Prices for meat, poultry, fish and eggs across the nation shot up to all-time highs in May, according to a report released Tuesday by the U.S. Bureau of Labor Statistics.

The price index for these items, which BLS has kept records of since 1967, "rose 1.4 percent in May after a 1.5 percent increase in April, with virtually all of its major components increasing," the agency said in a news release.

The rise was part of a broad trend among food prices -- bacon has risen sharply also in recent months, thanks to a virus that has killed millions of American pigs -- as five of the six major grocery store food group indexes also saw their prices jump in May. Only cereal and bakery products declined last month, falling 0.1 percent.

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4 comments:

Anonymous said...

It is the drought's fault... has nothing to do with sky rocketing gas prices, Living wages and higher health care cost's... May be it's Bush's fault.

Anonymous said...

Haven't noticed... I raise my beef, pork and chicken for under $1/lb... and deer and seafood are free (maybe licence costs) Veggies and fruits are cost of seed pack/root stock, plus a little of my time.

Anonymous said...

Why did fish prices go up because of a drought? I have not heard that the ocean is dry.

Anonymous said...

There's a drought? Somebody ought to tell the farmers! They're already out there growing crops like crazy! Some were a little late planting because of all the rain, though. I'll go out to my garden and tell all the plants there to start wilting. They still think everything's fine.

And, 3:17, go let those fish know there's no more water. I'm sure they are totally unaware, being underwater all the time...