I noticed the same thing with the butter and crisco at BJs as well.
I have notice butter being less expensive lately; I have been able to get it well under $2/lb in regular supermarkets (if you live in various parts of the NE, ShopRite has a coupon this week for it...88 cents/lb!)
Unfortunately, flour and sugar has gone up in price, so it doesn't matter too much if butter is going down!
Well, milk is down, so it makes sense that butter will follow, right? When DS1 started drinking milk it was 4.44 a gallon - that was 18 months ago. On Sunday I bought some for 3.13 a gallon...
Really?
Butter has only gone up in my area. i used to be able to get it at Walmart for $2/lb but that stopped about a month ago. It's fluctuating now. Usually just under $3/lb
I chart the pricing of my most purchased items. (surprised, aren't ya?
)
Between 2-7-08 and 1-1-09, my flour is actually down 5.9% from the 2-7-08 price. It's still freakin' ridiculous compared to the '06 and even the '07 price, but over a year, it's down. In Oct '08, it was up 36.9% from the Feb '08 price.
I use margarine, but the difference in price from 5-14-08 to 10-1-08, it's down 6.7%. At one point, it was up 17.7%.
Eggs are still up 15% from 1-1-08 to 1-1-09. They peaked for me at 23.3% during the year.
In talking to many others in the food industry, no we are not lowering our prices, because while prices were jumping on us on almost a daily basis, we couldn't raise our prices fast enough or high enough to cover the cost. We ate a lot of price increases. (I got a truck delivery every 2-3 weeks and the flour was always 20-30% higher than the last truck.)
So we are maintaining our pricing to (a) try to recoup the losses we took during the turmoilous (is that a word?
) price increases and (b) to hedge our bets against any price increases that are coming.
We're all a little gun shy now.
But all of this is a great example of why these types of conversation are important, and why keeping on top of these costs (and watching the trends) cant' be shoved aside and ignored.
Quote by @%username% on %date%
%body%