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Food Prices

Business
Target To Lower Prices On 5,000 Items: Here's Where You Can Expect To See Savings Target To Lower Prices On 5,000 Items: Here's Where You Can Expect To See Savings
Target To Lower Prices On 5,000 Items: Here's Where You Can Expect To See Savings Target announced that it would lower prices on 5,000 "frequently shopped" items in its stores nationwide, the company said in a press release.  Those items include milk, meat, bread, soda, fresh fruit and vegetables, snacks, yogurt, peanut butter, coffee, diapers, paper towels, pet food, and more, the chain said in a Monday, May 20, news release. The new prices will be rolled out throughout the summer.  "We know consumers are feeling pressured to make the most of their budget, and Target is here to help them save more," said Rick Gomez, Target's executive vice president and c…

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by Josh Lanier
Lifestyle
On The Table For Thanksgiving: Higher Prices, Fewer Options Due To Supply-Chain Issues On The Table For Thanksgiving: Higher Prices, Fewer Options Due To Supply-Chain Issues
On The Table For Thanksgiving: Higher Prices, Fewer Options Due To Supply-Chain Issues The COVID-19 related supply chain issues and price increases are continuing to impact consumers across the United States ahead of the holidays.  The Seattle Times reported that many are having to spend more in preparation for Thanksgiving Day on Thursday, Nov. 25, as the prices of many products have increased.  The news outlet said supply chain issues including transportation expenses, bad weather and labor shortages have all factored into the ballooning prices, along with inflation.  According to a report from Texas A&M Today, AgriLife Extension livestock economist Davi…

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by Nicole Valinote
News
COVID-19: Food Prices Are Up - Some Items By As Much As 25 Percent COVID-19: Food Prices Are Up - Some Items By As Much As 25 Percent
Covid-19: Food Prices Are Up - Some Items By As Much As 25 Percent Food prices at grocery stores have increased by an average of 5.6 percent compared to the same time period last year. It’s another way COVID-19 has changed the economy, according to the latest price index provided by the United States Department of Agriculture. Some food prices have increased more than others. Only the price of fresh fruit seems to have gone down. The food product that saw the highest hike in price is beef and veal, followed by pork and eggs, according to the most recent information available from the USDA. Beef and veal are 25 percent more expensive in June 2020 than …

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by Kristin Palpini