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"15 Essential Items To Buy Now Before
They Sold Out At Grocery Stores"
by Epic Economist
"Winter is just a week away, and colder weather is known for bringing some chaos to grocery stores. Deliveries are slower, supplies get tighter, product stockouts become more widespread, and consumer demand accelerates, pushing prices even higher. It's actually during wintertime that stores see the biggest waves of hoarding and panic buying. Any unexpected disaster can trigger a rush to purchase a certain item, and after that first disruption, others start happening more frequently. Declining food manufacturing will also add more pressure on retailers in the weeks ahead. This was a year of major floods, hurricanes, extreme heat, drought, and unusually large bouts of rainfall that have destroyed crops, decimated harvests, and impacted meat and poultry production. Limited supplies are leaving grocers in a tough spot while consumers scramble to find their favorite items.
For example, Giant food marker Hershey announced in October that it was bracing for a shortage of chocolate and candy in the months ahead. The iconic candy manufacturer said that global disruptions made raw ingredients such as edible oil and cocoa harder to come by, and at the same time, a shortage of sugar is rapidly worsening in the U.S. On top of that, higher consumer demand over the holidays is likely to keep shelves empty for longer given that the company is focusing on the production of seasonal products and decreasing the production of other consumer favorites.
Similarly, with beef slaughter is up by up to 30 percent in some states, all that meat entering the food supply chain right now will not be a good thing for consumers in the months ahead. The cows being slaughtered would normally end up producing calves in the near future. They're being culled now because there isn't enough food for them to eat —and that will result in less beef down the line. "There isn't enough grass to eat and it's become too expensive to buy feed. We've had a large amount of culling this year because of drought," David Anderson, a livestock specialist at Texas A&M University, exposed during an interview with USA Today. "There's going to be a shortage of beef and prices are probably going to go up," the expert warned. So if you're thinking about stocking up on meat, some seasoned ground beef is a great option to freeze for the longer term. But you should probably start soon because prices are set to rise 40 to 50 percent in 2023, according to various reports.
The best strategy to keep your home stocked with all the goods you and your family need during the winter is to purchase your essentials before everyone starts having the same idea. People tend to leave things for the last minute or after some major disaster or emergency occurs. That causes a spike in demand and, consequently, a spike in prices as well. Therefore, getting ahead of these stockouts and price swings is also a way to save money and invest in your short-term future. With all that said, you may not be able to find some staples in the months ahead, and others will become way too pricey for us to afford. For that reason, today we decided to list some key products to buy now before supplies run out at the stores and prices shoot up."
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