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US coffee and beef prices are surging at a record pace
Posted on 3/17/26 at 11:14 am
Posted on 3/17/26 at 11:14 am
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If tweet fails to load, click here. quote:
US coffee prices are surging at a record pace:
The average price of ground roast coffee is up to a record $9.46 per pound.
In February, coffee prices jumped +30.5% YoY, and have surged +127% since January 2020.
Over the same period, ground beef prices have risen +73% to $6.74 per pound, near an all-time high.
Furthermore, steak prices have soared +66% to a record $12.74 per pound.
Overall, the "food at home" category price level is up +31% while "food away from home" is up +36% since January 2020.
Food inflation remains a major issue
Posted on 3/17/26 at 11:15 am to saintforlife1
quote:
Since January 2020
So now they want to talk about food prices?
Posted on 3/17/26 at 11:16 am to saintforlife1
This is not close to being “news”. The price of those two things has been surging for quite some time.
Posted on 3/17/26 at 11:16 am to saintforlife1
quote:
US wages are stagnating at a record level
It seems like corporations use any excuse available to raise prices these days.
This post was edited on 3/17/26 at 11:19 am
Posted on 3/17/26 at 11:17 am to saintforlife1
At least we’re kicking Iranian arse and owning some libs while we’re at it
Posted on 3/17/26 at 11:18 am to saintforlife1
Who eats Coffee & Beef?
Red herring argument
Red herring argument
Posted on 3/17/26 at 11:23 am to soccerfüt
This better be fixed before midterms
Posted on 3/17/26 at 11:25 am to Bayou
quote:
This better be fixed before midterms
Or what? You'll vote the other side in to make it worse?
Posted on 3/17/26 at 11:29 am to High C
quote:
This is not close to being “news”. The price of those two things has been surging for quite some time.
Except that there was a leveling off in between. Is the newer surge not newsworthy?
Posted on 3/17/26 at 11:29 am to forkedintheroad
I’m down to drinking Folgers and I can barely afford that
Posted on 3/17/26 at 11:30 am to Bayou
The midterms have been decided for months now.
A small group of voters think otherwise.
This will garner some really pissed off people here, mostly because they know it’s true, but midterms are blue and it won’t be close. And your president in 2036 will be James Talarico.
A small group of voters think otherwise.
This will garner some really pissed off people here, mostly because they know it’s true, but midterms are blue and it won’t be close. And your president in 2036 will be James Talarico.
Posted on 3/17/26 at 11:30 am to saintforlife1
Oh yeah, why don't you just stop eating and drinking if you don't want to pay higher prices, libtard?!
Posted on 3/17/26 at 11:31 am to saintforlife1
quote:Beef is at least 3-4 years away from a fix, d/t the massive cattle herd culling during the previous administration. By Jan 2025, we were left with the lowest cattle count per capita since the 19th century. It takes years to rebuild a herd.
beef prices are surging at a record pace
Posted on 3/17/26 at 11:31 am to saintforlife1
I have been buying the same community coffee bag for many years now. I've never paid over $9 for it.
Thanks for reminding me the news in this country is still stupid 95% of the time.
Rouses ad today for CC - $6.99
Thanks for reminding me the news in this country is still stupid 95% of the time.
Rouses ad today for CC - $6.99
Posted on 3/17/26 at 11:37 am to NC_Tigah
quote:
Beef is at least 3-4 years away from a fix, d/t the massive cattle herd culling during the previous administration. By Jan 2025, we were left with the lowest cattle count per capita since the 19th century. It takes years to rebuild a herd.
Which was why I was curious as to why Trump was touting his beef deal with... I think it was Argentina? Or Australia? Regardless, someone who used to not buy our beef was going to start, and that didn't seem great for our domestic pricing
Posted on 3/17/26 at 11:42 am to saintforlife1
They'll probably remove beef from the CPI and replace it with sardines or something cheap. Got to keep that inflation rate down somehow.
Posted on 3/17/26 at 11:42 am to TeddyPadillac
quote:
I have been buying the same community coffee bag for many years now. I've never paid over $9 for it.
Thanks for reminding me the news in this country is still stupid 95% of the time.
Rouses ad today for CC - $6.99
My man here posts an ad for a $6.99 12oz bag as evidence against a "record $9.46 per pound" and has the audacity to call people stupid
By the way, 12oz at $6.99 is $.05825 per oz, or $9.32 per pound
Posted on 3/17/26 at 11:43 am to Odysseus32
quote:Correct, but it's a shame that the country is so fickle. Putting dems back in isn't going to solve anything.
The midterms have been decided for months now.
Posted on 3/17/26 at 11:44 am to saintforlife1
Just relax, we're about to have a free Iran instead!
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