For the first time in the last 50 years, the United States is experiencing a period of severe food deflation due to the overproduction of dairy products, meat and grains. Reduced price is derived from the decline of US products in demand in countries such as China (the strength of our dollar makes goods more expensive abroad) as well as lower energy costs and transportation cooling.
Because of the US cheese surpluses and other dairy products, a dozen eggs costs an average of $ 1 less than usual, and the price of a gallon of milk fell about 40 cents. According to the data of The the Wall Street the Journal , “The glut is so strong in some places, that dairy farmers were dumping millions of pounds of surplus milk on the field. ” The meat is also more affordable with the cost of 1 pound of ground beef decreased by 50 cents .
The government is buying a large amount of cheese and eggs, to distribute food banks and pantries, to ease over and help manufacturers and supermarket chains, like Whole Foods and the Costco, which suffer losses.
According to experts, the period of deflation should continue until the end of the year and even in the beginning of 2017, so that most of them! Food, bread, eggs, cheese, milk, beef and bacon are more affordable than they have been for a long time . Unfortunately, the production profile is still recovering from the effects of drought in California, but buyers need to upload your truck and fill the freezer with a few staples, before prices rise again.
If you are interested in according to the FDA , raw fresh meats, like steak and pork chops can live in the freezer for at least four months in while products like bacon and hot – dogs can stay there for a month. bread may also take at least one month after the date of purchase.