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Author Topic: Shrinking grocery store inventory  (Read 2070 times)

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Offline oldguy52

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Re: Shrinking grocery store inventory
« Reply #25 on: January 01, 2013, 12:09:13 AM »
I was just at the grocery store today. Shelf stock seems about normal. Pricing however has most certainly increased, or if not, package size has been reduced.

Hamburger - 93%, today at $4.99 lb. That's about a buck and a half higher than a year ago.

Same for stew meat, $4.99 lb

Knorr Stroganoff packets on special today 3 for $4 always used to be 4 for $3.

Seems I'm getting poorer pretty fast.
O.G.

"Stupid is supposed to be painful, it's nature's way of learnin' ya" - Me, 1994

When one finds himself living in interesting times, it is prudent to become as uninteresting as possible.... Me, 2011

Offline ND Martin

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Re: Shrinking grocery store inventory
« Reply #26 on: January 01, 2013, 12:58:54 AM »
...I need to move some $$ I don't plan on using anytime soon from savings into maybe a 2-yr CD...maybe go from 0.7% to 1.2%.

Are you serious?  You're gonna lend your money to the banksters for 1.2%???  Gold and silver have been manipulated down for the end-of-year mark-to-market and to make short interest look good on the year-end books.  It's time to be buying REAL assets, not playing the bankster's game.

If you're gonna play at the market casino, at least play smart.  One of my fave investment bloggers, Chris Vermeulen, suggests that coffee (specifically JO, a coffee futures ETN) presents a compelling opportunity.

« Last Edit: January 01, 2013, 01:03:42 AM by ND Martin »


Offline Bonnie

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Re: Shrinking grocery store inventory
« Reply #27 on: January 01, 2013, 11:47:22 AM »
Same for stew meat, $4.99 lb

Much cheaper to buy chuck or rump roasts on sale & cut up the meat into stew size yourself. [/quote]


Quote
Seems I'm getting poorer pretty fast.

Yes. I feel your pain. And in the same place - the pocketbook.  :(
God bless,
Bonnie
Opportunity Farm
NE WA

"While we have the opportunity, let us do good to all." Galatians 6:10

BonniesBooks.net

Offline Bill Quick

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Re: Shrinking grocery store inventory
« Reply #28 on: January 01, 2013, 11:57:36 AM »
Re: Coffee futures.

We actually have an expert right here on this board.  What say you, Mr. Bingley?
"You can get a lot farther with a kind word and a gun than a kind word alone."  --   Al Capone

Offline oldguy52

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Re: Shrinking grocery store inventory
« Reply #29 on: January 01, 2013, 01:15:24 PM »
Much cheaper to buy chuck or rump roasts on sale & cut up the meat into stew size yourself.

Agreed Bonnie. I used to always buy stew meat because it was just so much easier and there really wasn't that much price difference. I use it for a lot of things besides stew. Guess it's time to stop being so lazy :)

BTW, I didn't check the prices on chuck roast. It may be just as bad. I always used to like to get a chuck roast to make a pot roast. Since the bride and I have been trying to hold back on the carbs, IOW no potatoes, I haven't made a pot roast. A pot roast without potatoes just doesn't quite make it for me.

Speaking of low carb... I discovered yesterday that Basmati rice has a MUCH lower glycemic index rating than the Jasmine rice I have been using. 56 vs 109. I ordered some up last night to give it a try. Between that and the Dreamfield's noodles it's much easier to eat "normal" stuff and still keep the carbs down.
« Last Edit: January 01, 2013, 01:22:31 PM by oldguy52 »
O.G.

"Stupid is supposed to be painful, it's nature's way of learnin' ya" - Me, 1994

When one finds himself living in interesting times, it is prudent to become as uninteresting as possible.... Me, 2011

Offline Bonnie

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Re: Shrinking grocery store inventory
« Reply #30 on: January 01, 2013, 08:18:31 PM »
BTW, I didn't check the prices on chuck roast. It may be just as bad.

I don't know how different it would be in your area, but here having the pre-cut-up stew meat runs almost a $1/lb more. And it's an even better deal when I buy roasts on sale - that's 1 food I don't ever pay full price for. Some I leave whole & others I cut up & put a stew's worth of meat in individual freezer bags. I made a pot roast last week without potatoes - lots of carrots & lots of onion. Turned out pretty good.

Quote
Speaking of low carb... I discovered yesterday that Basmati rice has a MUCH lower glycemic index rating than the Jasmine rice I have been using. 56 vs 109.


I love Basmati rice - it's great. Didn't know it was better for me. I switched to brown rice a while back. Don't know where it is on the glycemic index, but I'm guessing it's better than even Basmati.
God bless,
Bonnie
Opportunity Farm
NE WA

"While we have the opportunity, let us do good to all." Galatians 6:10

BonniesBooks.net

Offline Mr. Bingley

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Re: Shrinking grocery store inventory
« Reply #31 on: January 01, 2013, 08:20:16 PM »
Coffee settled around 1.42 on Monday. I think we're heading down to 1.25 or so, which is more historical levels for us. Staring in June 2010 we rallied from 1.25-ish up to over 3.00 for no real reason and we've been in a slide for the last 9 months or so and I see no reason for that to turn around. I thought we had a chance to rally given the prospect of the Longshoreman strike but even that wasn't good for even a dead cat bounce.

Offline oldguy52

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Re: Shrinking grocery store inventory
« Reply #32 on: January 01, 2013, 09:29:10 PM »
Quote
I love Basmati rice - it's great. Didn't know it was better for me. I switched to brown rice a while back. Don't know where it is on the glycemic index, but I'm guessing it's better than even Basmati.

Actually, Bonnie, If I'm remembering what I read correctly there is a brown variety of the Basmati rice that was supposed to have a G/I of like 48 or something like that. IIRC I just googled glycemic index basmati rice, but you've probably already done that.

Quote
I made a pot roast last week without potatoes - lots of carrots & lots of onion. Turned out pretty good.

See what ya did now....? I'm gonna have to make a pot roast with just carrots and onions.... maybe a little celery. Ha ha, gravy is still good over carrots and onions, eh?  ;D Ha ha back to the store tomorrow, my mouth is watering already. I luvs me some pot roast!
O.G.

"Stupid is supposed to be painful, it's nature's way of learnin' ya" - Me, 1994

When one finds himself living in interesting times, it is prudent to become as uninteresting as possible.... Me, 2011

Offline Bonnie

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Re: Shrinking grocery store inventory
« Reply #33 on: January 01, 2013, 09:51:48 PM »
I'm gonna have to make a pot roast with just carrots and onions.... maybe a little celery. Ha ha, gravy is still good over carrots and onions, eh?  ;D Ha ha back to the store tomorrow, my mouth is watering already. I luvs me some pot roast!

Knew I forgot something - I did have celery in it. And I made real gravy with flour instead of my usual shortcut with cornstarch. It was good:P

Mushrooms would be a good addition, too. Wish I had thought of them. That's one of the problems of depending on an aging memory. I've got to write down my recipes for pot roast & beef stew.

I've noticed as I get older I'm starting to spell things the way my dad did - flower for flour, right for write, and so on. It's always fun coming across one of his recipes.  :)
God bless,
Bonnie
Opportunity Farm
NE WA

"While we have the opportunity, let us do good to all." Galatians 6:10

BonniesBooks.net

Offline Mr. Bingley

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Re: Shrinking grocery store inventory
« Reply #34 on: January 02, 2013, 07:10:07 AM »
 :D

and of course as soon as I said the coffee mkt would keep going down we're up 3% this morning! thank you fiscal cliff inflation spending! a lot of commodities are up this morning...

Offline ND Martin

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Re: Shrinking grocery store inventory
« Reply #35 on: January 02, 2013, 09:02:06 AM »
Been following Chris for years. Mr. B.  He has an excellent track record and generally is very close to the mark with his technical analysis.  Do we have a thread for this kind of discussion; ie: (ahem) crisis investin?   Seems out of place amid posts about frugal shopping.

Offline Mr. Bingley

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Re: Shrinking grocery store inventory
« Reply #36 on: January 02, 2013, 09:26:00 AM »
If he's worked well for you that's great! All I can say is I've been trading coffee, and only coffee, for 25 years and it is an extremely volatile market (probably the most volatile) and technical systems rarely do well in it.

Offline ND Martin

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Re: Shrinking grocery store inventory
« Reply #37 on: January 02, 2013, 11:11:29 AM »
Amen on the volatility, Mr. B, and I certainly respect your singular experience.  Volatility is a question of time, of course, amplified in the shorter timeframes.  I like to trade in a longer frame, buying as a trend bottoms and begins to rise and selling conversely.  Calling an actual 'bottom' or 'top' is a fools game.  I often buy only to see the price drop, at which time I buy more--accumulating a position that I unwind as the price rises.  I like Stewart Thompson's methodology for buying/selling at points of 'horizontal support or resistance', but there are many worthwhile techniques and I'm sure after so much time in a single commodity market that you have evolved your own style. 

My original point was that putting money in low-interest certificates of deposit is a losing strategy--essentially lending one's hard-earned cash to the banksters who are devaluing the currency at a greater rate than the interest that they pay.  This forces savers into the role of investors, and into markets that are themselves manipulated.


Offline Mr. Bingley

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Re: Shrinking grocery store inventory
« Reply #38 on: January 02, 2013, 11:48:45 AM »
oh there's simply no doubt that savers and conservative investors are being absolutely slaughtered by obama and geithner.

My mattress pays a better rate of return than cds.

Offline oldguy52

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Re: Shrinking grocery store inventory
« Reply #39 on: January 03, 2013, 04:30:23 PM »
Well, I did go buy that chuck roast and it was pretty darned good too :) even with no potatoes.

But, it did cost 5.29 per pound. Admittedly I didn't wait for a sale price, but that leaves my stew meat which wasn't bought on sale either. 30 cents (4.99) a pound cheaper than the uncut chuck roast.

I'm gonna' keep my eyes open though going forward and next time hopefully I can catch a sale price.
O.G.

"Stupid is supposed to be painful, it's nature's way of learnin' ya" - Me, 1994

When one finds himself living in interesting times, it is prudent to become as uninteresting as possible.... Me, 2011

Offline Musket User

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Re: Shrinking grocery store inventory
« Reply #40 on: February 15, 2013, 07:34:05 PM »
The stores in my area always let stock deplete due to the inventory taxes charged by both state and city governments. Beef is thru the roof so it looks like more chicken, pork, turkey or whatever I hunt/trap for a while. My one big splurge is for pickled bologna once in a very great while. When a sale hits on beef my canner goes into action.   


 

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