Buying the Same --- Paying More?

If you feel you're buying the same groceries every week but paying more for them, you're not alone. No surprise what Texas A&M Economist David Anderson says is to blame. "What we see at the grocery store is being affected again by these rippling effects of the Coronavirus. They have affected our whole production of packaging, our transportation system and the whole supply mechanism of getting it there." Higher meat prices are also in the lead according to Dr. Anderson. "Over the last couple of months packing plants shut down or slowed down and left us with limited beef, poultry and pork."

Closing Packing Plants Means a Beef Shortage is on Its Way

Dr. Anderson says you and your family not going out as much and eating at home more has created a demand for what a grocery store supplies. "That surge in grocery store demand for items across the board is leading us to these higher prices." He thinks that the supplies grocery stores carry are gradually coming in faster and cheaper; along with more plants opening up and continued low gas prices for delivery trucks means prices should go down in the next few months.

Photo: Getty

grocery shopper seeing prices rise

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