With food prices surging, many Americans have found their household budgets upended, forcing difficult choices at the supermarket and putting new demands on programs intended to help.
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“You have to pick and choose,” said Mueller, 52, who is disabled and lives with her daughter and her husband. “Before, you didn’t have to do that. You could just go in and buy a week or two’s worth of food. Now I can barely buy a week’s worth.”A case of peanut butter that was $13 to $14 before the pandemic now costs $16 to $19, according to Alexandra McMahon, director of food strategy for the Gleaners Food Bank of Indianapolis. Green beans that used to retail for $9 a case now sell for $14.
While overall consumer prices in September were up 5.4% from a year ago, the cost of meat is up slightly more than that. Prices of staples like dairy products, fruits, grains and oils are also rising. The forces behind higher food prices have been building for some time and aren’t going away anytime soon, said Michael Swanson, chief agricultural economist at Wells Fargo.
“This is not going to go backwards anytime soon,” he added. “As soon as producers and retailers get these price increases, they are very sticky.” “We do a lot of pasta and beans,” Mueller said. “It’s a lot cheaper. I miss making big meals, but it’s too hard price-wise.”
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