Over the past year in the test kitchen, we've noticed our grocery bills creeping higher and higher. Have you noticed the same thing at home? We dug around and found out which ingredients have been adding up:
1. Nuts: We noticed a price hike for pecans, and it turns out other nut prices jumped too. According to Market Analysts Mintec, the average wholesale cost of nuts, including almonds, walnuts, pecans, cashews, brazil nuts, pistachios, peanuts, and macadamias, increased 36% from April 2010 to April 2011.
Eggs
2. Eggs: The inventory of hens that lay the eggs we eat decreased in 2011, bringing egg prices up 22.8%. The good news is that eggs have always been budget-friendly and still are easy on the wallet.
Related: 6 Top Food News Stories of 2011
Apples
3. Apples: A host of reasons account for the 12.3% price increase and one of them is us, the consumers! We're buyin' up the delicious-and more expensive-varieties like Honeycrisp and SweeTango. That larger percentage of
Read More »from 5 Most Dramatic Food Price Hikes of 2011