20 Groceries Driving Up Your Food Bill the Most
20. Rice, pasta, cornmeal
> 10-yr. price increase: 21.5%
Many crops are feeling the effects of climate change. Major heat waves across the world have made growing and harvesting crops like rice and wheat more difficult. The cost of rice has increased and, for the first time in six years, there was a global wheat deficit in 2018, according to Bloomberg. The price increase has likely had a profound effect on American grocery bills, as Americans consume 19.4 pounds of pasta per capita annually.
19. Other fats and oils including peanut butter
> 10-yr. price increase: 21.7%
One driving force behind the rising price of other fats and oils like peanut butter was likely the rising price of peanuts. As more farmers are switch from peanuts to more profitable crops like cotton, the amount of land used to grow peanuts in the United States shrunk by an estimated 18% in 2018. In recent years, peanut butter consumption has spiked in the United States. Partially as a result, In the last 10 years, the price of other fats and oils by climbed 21.7%.
> 10-yr. price increase: 22.4%
A staple of the human diet dating back millenia, bread has become much more expensive over the past decade. Extreme weather across the world has affected wheat harvests. Major wheat producers like Australia and Russia have faced droughts and heatwaves. This has cut into supply, forcing bakeries to raise bread prices. In the last 10 years, the price of bread in the U.S. climbed 22.4%.
17. Canned fruits
> 10-yr. price increase: 22.5%
The yield of crops such as fruit, and therefore their price, is highly susceptible to unpredictable weather events like heatwaves and droughts. But canned fruits may be feeling the squeeze from newly imposed U.S. tariffs. New taxes on steel imported from China are raising packaging costs for makers of canned goods. In the last 10 years, the price of canned fruit climbed by 22.5%.
16. Pet food
> 10-yr. price increase: 23.0%
One of the likely contributors to the 23% spike in pet food prices is the greater demand for premium products. As millennials are delaying marriage and having children later in life compared to previous generations, they are getting pets instead and lavishing them with high-quality pet foods, according to a Business Insider report. Even though the total sales of pet food by volume declined in the U.S. from 2011 to 2016, the amount spent went up considerably.