I am the grocery manager at Walmart in [City Redacted], Montana Regular family chicken breast pack was $1.98# in Jan 22, now $3.42 # - this a 73% increase ! Large family pack of 5 dozen large eggs - was #8.98 on 1st Jan 22 - now $16.49 ea - this is an 83 % increase in 6 months ! There are hundreds of similar examples. Many packaged products have doubled in price in the last 6 months. We are changing HUNDREDS of grocery items up every day !! No exaggeration ! I have never seen anything like this in my lifetime. Thank you for helping get the word out to families to prepare what they can now, while they have a chance.The truth of her assertions come from recent reports, from a variety of different sources, not only regarding chicken and eggs, but a large number of other products. Meat has seen the most prominent price spikes and new reports show it is about to get worse, and stay that way. Shoppers are aware from the bill at the check out line that food prices have skyrocketed over the last two years, but the percentages are shocking. Since our reader email speaks to Walmart, we'll start there. On August 16, 2022, ZeroHedge published a piece stating "Walmart Grocery Prices Increased By 21.5% Between July 2019 and July 2022." Those are just averages as many foods saw higher increases that others, and meat is one of the highest of all as of now. Below are just a couple of their graphs, showing the differences from 2019 to 2022:
In response, ranchers have been forced to sell their animals early, thinning the numbers of older cows. By some estimates, US beef-producing cattle herds could be slashed by up to 20% if the ranching industry gets rid of its older, calf-producing cows. “The implications of fewer cows giving birth to calves are that over the next few years there will be higher beef prices,” said Peter Bozzo, vice president of Chef’s Warehouse, a food purveyor to high-end restaurants.The Hill reports the same issue for Texas ranchers where drought has them facing an "existential crisis," as the "Megadrought in the Western U.S., the region’s worst in 1,200 years, is threatening America’s cattle heartland." Fox News reports "Meat prices could soar even more due to drought," where a "California rancher explains number of cattle in US reduced ‘significantly'." To offer a visual of how critically severe this issue is across the U.S., a drought map, updated on August 18, 2022, from https://droughtmonitor.unl.edu/ is shown below.
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