Advertisement

Winter weather drives up food prices

Published: Mar. 18, 2014 at 9:07 PM EDT|Updated: Mar. 19, 2014 at 11:29 AM EDT
Email This Link
Share on Pinterest
Share on LinkedIn

CONWAY, SC (WMBF) – Wild winter weather hasn't just had an effect on crops here in the Palmetto State, but all over the country, and that means your wallet could be feeling the chill at your grocery store's checkout aisle.

"It's been wet and rainy everywhere," said IGA manager Keith Skipper. "Then the cold came in."

Skipper says cold weather has hit South Carolina farmers hard, and harsh winters in the Midwest have had a huge effect on beef prices.

"Steers, in cold weather won't eat," he said. "They end up having to take the cow to market before its time."

Across the country and on every grocery item, the Bureau of Labor Statistics estimates prices have risen 1.4 percent in the past year, and could go as high as 3.5% by the end of the year.

Other items seeing a spike in prices include wheat and coffee, due in part to major drought in parts of the US as well as South America.

Copyright 2014 WMBF News. All rights reserved.