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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:

  1. 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.

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  2. 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.

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

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  4. 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...

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