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Topic: I wonder if food prices in your country have also increased? - page 13. (Read 1773 times)

legendary
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In my country, food prices are rising very fast. To be honest, the population is already accustomed to and is not surprised by the increase. It is noteworthy that now you can buy equipment that does not look expensive at current prices in comparison with the most necessary food products. Medicines have risen to cosmic prices. For many, it turns out that people are forced to choose either to eat right or to save money and spoil their health, the treatment of which is also expensive.
hero member
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Sorry to hear about the whole drought issue causing some instability of food prices and the alike,  but am interested to know if you are affected by the oil prices too as this was what came to mind with the whole Russia- Ukraine war which has destabilized the oil/gas prices world over..and it's effects have a ripple effect to pretty much everything though we have adjusted and used to it by now.

For sure, all countries were affected by it because in my country it was the same, and what's worse is that the fare is getting expensive, and also everything gets expensive because, like food, it will be transferred from this location to another, which needs a vehicle, and that vehicle runs on gas, so the price goes up. Though past week's prices of oil came down in our country, this week it was already announced that they were increasing, so again we are back to higher prices.
legendary
Activity: 2772
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Since August in my country, the price of food, especially food staples such as wheat, rice and others, has experienced a very high price increase. This was apparently caused by the ongoing drought. Which makes several areas of plantations and rice fields fail to harvest due to lack of availability of water to water the plants. And this makes food stocks in the market start to run low from time to time. And yes, the price hike ensued. Rice prices here have even increased by around 9-10 percent in the last month in my area. And I'm afraid the increase will continue. Because many residents are starting to talk that if the drought continues longer then it is feared that the increase will occur higher and faster.
I think we are from the same country, indeed prices are increasing and indeed because supplies in the market are running low but not because the goods are not there but because of the actions of speculators who hoard for their profit when prices rise higher they will sell them, maybe you still remember the case of vegetable oil where entrepreneurs and speculators create panic by making it rare to be on the market so that people start thinking about buying in large quantities because they are worried that it will be increasingly difficult to get it.

For farmers, it can be said that currently they are getting big profits because they can sell agricultural products at high prices. but for ordinary citizens who do not have agricultural land, the current food prices really make them tight.

This is not entirely true, farmers are actually increasingly disadvantaged due to this extreme climate change because they cannot start farming because of drought, and crop failure makes them lose income, and if they can harvest then those who buy their agricultural products benefit, namely entrepreneurs, not farmers. The fate of farmers in our country is quite unfortunate because the government cannot fully protect them.

The residents' economic sector has actually begun to recover and improve in the past few months. But because at this time there was another spike in prices again, it made the people around me start to complain again about the current economy.

But I was wondering if this only happened in my country or in your country too?
I think all countries are experiencing the same thing because extreme weather and causing difficulties in agriculture and so on are experienced all over the world.
legendary
Activity: 3542
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I think the rise in the prices of food items have increased everywhere. Perhaps, it’s more pronounced in some countries than others but I believe the increase in foodstuffs are felt everywhere.
Your notion about farmers making huge amounts of profits due to selling off their agricultural products is not entirely accurate. Small to medium scale farmers, after selling off their products, would have to purchase other products and items they lack and need, settle bills and would also require the services of other professionals. There’s barely anything left of the huge profits after all this.

With inflation ravaging the land, it’s not surprising to see the price of food items rise and continue to climb. Asides the wealthy elites, this increase is felt all over. The average income earner have had to cut back on their spending or alternatively go in search of a side job.

Well, in the discussion of farmers and their profits, there are certainly various factors that need to be considered. For example, according to an article by Will Snell in 2022, inflation causes pressure on farm commodity prices which in turn demands farm inputs that include borrowed funds. Additionally, the effects vary if the individual getting or losing profit is a farmland investor, a permanent landowner, or a land renter. Additionally, Marc Guilfoil, owner of Evans Mill Cattle Company stated that farmers are also being affected by the inflation as they have to pay higher prices for weed-killing chemicals, crop seeds, fertilizer, equipment repairs, and seasonal labor which are all detrimental to ensure that the farm is working and producing goods. Moreover, some needed chemicals even went out of stock and farmers need to find a quick replacement that will work just as well but most likely have a risk of higher rate. Guilfoil also added that he is sure, based on his current budgeting plan and assessment, that he is and will continue to spend more than he ever has to operate his farm as inflation continues to rise.

Here are the sources in case anyone wants to have a read or better understanding of the points I stated:
1. https://agecon.ca.uky.edu/inflation-%E2%80%93-%E2%80%9Cgood%E2%80%9D-or-%E2%80%9Cbad%E2%80%9D-agricultural-producers-and-consumers
2. https://spectrumnews1.com/ky/louisville/news/2022/06/16/farmers-feeling-inflation


hero member
Activity: 2590
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But I was wondering if this only happened in my country or in your country too?

I don't know if were in the same country, but here rice has been spiking crazy high. There was no report about significant increase in oil, which usually the basis of the prices in the market but the price of the rice has been increasing lately. Sure it was because of the shortage, but I'm pretty sure it's not because of the resources that we have that's making the stock being short, but it's probably because of the big businessmen who's trying to hoard thousands sacks of rice, forcing it to make it looks like there's a shortage. Some local government units are also involved in concealing this stocks helping it more safer for the greedy businessmen.
hero member
Activity: 630
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-snip-
Rice prices here have even increased by around 9-10 percent in the last month in my area.
In which area do you live? As far as I know, the government has warehouses for basic food supplies, especially rice, spread across every city district and this functions to maintain a stable distribution of commodity needs. An increase of 10% is actually quite high, in my area it has been quite stable since the pandemic ended. Do farmers in your area only trade their products locally?
I live in Indonesia, the central region (Sorry I don't want to be specific here). Well, farmers here sell their agricultural products locally. But here there was quite a serious crop failure due to drought. Well, it hasn't rained here in a long time. About a few months ago the last time it rained. And the agricultural sector here is in a fairly high area. So here there is a lot of agricultural land that only relies on the rainy season. Meanwhile, in the dry season everything is left without planting anything. Well, in my opinion, the current increase in rice prices is the highest increase that I know of so far. But I heard the news that the government will solve it by importing rice from several countries. But I haven't heard any further news about this.

are you also Indonesian? where do you live?
because I read from other friends who are also from Indonesia but they said that in their area it was not too bad.
legendary
Activity: 2618
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According to the data point source from UN Agency report of my country, 74% can't afford healthy diet. The cost of healthy food have increased over the years. Yet, on comparison with the BRICS nations the food price in my country is low. The thing that makes an overview of food price is at its high is the stagnant income level which isn't moving forward than going down. The food cost in my country have increased by 65% whereas the income have increased to a maximum of 35%, so a balanced growth keep things under control.
member
Activity: 467
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In my country there is also a drought and until now it is still the dry season, and food prices in my country have also started to rise, such as rice.

and many residents in my area, especially farmers, have started to complain a lot, because many have failed to harvest due to drought in their fields, and I hope that it will rain soon so that farmers can return to planting rice.
legendary
Activity: 2576
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Yes, it is currently happening, and I honestly don't know why. In your part, you'd understand the price increase because there are natural calamities happening. In my country, the announcement has always been that the supply is sufficient and yet the price is rising.

Just a month ago, the kind of rice that I buy is only around $0.80 a kilo. Today, the same costs more than a dollar. There's an increase of more than 20%. Oil increase is also happening. The same goes with other basic goods.
hero member
Activity: 630
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I think the rise in the prices of food items have increased everywhere. Perhaps, it’s more pronounced in some countries than others but I believe the increase in foodstuffs are felt everywhere.
Your notion about farmers making huge amounts of profits due to selling off their agricultural products is not entirely accurate. Small to medium scale farmers, after selling off their products, would have to purchase other products and items they lack and need, settle bills and would also require the services of other professionals. There’s barely anything left of the huge profits after all this.

With inflation ravaging the land, it’s not surprising to see the price of food items rise and continue to climb. Asides the wealthy elites, this increase is felt all over. The average income earner have had to cut back on their spending or alternatively go in search of a side job.
Maybe what you say is true. Well, the farmers who benefit from selling agricultural products that have increased rapidly are seen to be getting big profits. But I forgot that the prices of other basic necessities are also increasing rapidly. So selling expensively is still balanced by buying other necessities which are also increasing. So it can be said that this is a balanced reciprocity.
At least farmers can offset the increase in prices of other basic commodities after they also sell and make more money.

Well, the ones that don't have it easy are those with low incomes. They have to start thinking and making some cuts to their spending needs. But the best solution may just be to earn extra income.
sr. member
Activity: 616
Merit: 274
I think the rise in the prices of food items have increased everywhere. Perhaps, it’s more pronounced in some countries than others but I believe the increase in foodstuffs are felt everywhere.
Your notion about farmers making huge amounts of profits due to selling off their agricultural products is not entirely accurate. Small to medium scale farmers, after selling off their products, would have to purchase other products and items they lack and need, settle bills and would also require the services of other professionals. There’s barely anything left of the huge profits after all this.

With inflation ravaging the land, it’s not surprising to see the price of food items rise and continue to climb. Asides the wealthy elites, this increase is felt all over. The average income earner have had to cut back on their spending or alternatively go in search of a side job.
legendary
Activity: 3164
Merit: 1213
food price have been rising ever since covid-19 hits, and it seems the inflation didn't even try to gets reduced meanwhile covid-19 already gone.
you just know what it means, it means that some people are having their best day of life getting that additional profits and they're not stopping.
this is the thing with many commodities, they always seek every opportunity to increase their price, even pandemic, then they just never go down or hardly go down.
thats why their price always increase every year and really high at that, i guess things will just get worse from here. the only way is to get more income.
During the COVID lockdown itself there is big rise in the food price, and during those days it wasn't that big as people got shut within their homes. Here other expenses were limited which didn't make the food price a big issue. Now everything have begun to run normally and the additional expenses make it look big. Then onwards people will get used to it and some sort of self cultivation will be the choice to overcome the increasing food price.
hero member
Activity: 1792
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Sorry to hear about the whole drought issue causing some instability of food prices and the alike,  but am interested to know if you are affected by the oil prices too as this was what came to mind with the whole Russia- Ukraine war which has destabilized the oil/gas prices world over..and it's effects have a ripple effect to pretty much everything though we have adjusted and used to it by now.
sr. member
Activity: 434
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Rollbit.com
In several regions in Indonesia there has been a fairly rapid increase in food prices. Especially the prices of chilies, rice, cooking oil and chicken meat.

✓Red chili up about 17%
✓Rice Increases 3-5% (Different for each region)
✓Cooking Oil rose 4.78%
✓ Chicken Meat Up about 7%.
(Sourch: https://ekonomi.bisnis.com/read/20230829/12/1689259/harga-pangan-hari-ini-29-agustus-2023-harga-cabai-merah-beras-minyak-goreng-naik)


But there is an oddity that I found in the price of eggs which has actually fallen drastically at the moment in several regions in Indonesia. So many breeders complain about this. For consumers, this is a good thing, but for breeders, this is clearly detrimental to them. I think it's strange that when the price of meat goes up why eggs don't go up too. But the market price is difficult to predict.
(Sourch: https://ekonomi.bisnis.com/read/20230829/12/1689390/harga-telur-anjlok-peternak-teriak-rugi-hingga-rp4000-per-kg)

But as long as people are still able to buy even though prices have increased, I think the economic sector is still fine.
hero member
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food price have been rising ever since covid-19 hits, and it seems the inflation didn't even try to gets reduced meanwhile covid-19 already gone.
you just know what it means, it means that some people are having their best day of life getting that additional profits and they're not stopping.
this is the thing with many commodities, they always seek every opportunity to increase their price, even pandemic, then they just never go down or hardly go down.
thats why their price always increase every year and really high at that, i guess things will just get worse from here. the only way is to get more income.
hero member
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It is the same here in our country where food prices have gone up, the inflation rate has increased and even if it's not a double-digit percentage still that's quite high for most of us. The transportation sector has also made their hikes for the fares and that's because of unstoppable oil price hikes which is also another cause of the food price increase. Commodities have truly gone up but I believe that despite it's going to be hard to go back to the normal prices that we used to see it, at least a slash of its prices will definitely help a lot of us to cope up with this craziest trend which is the price hikes for most things.
If you are really just that an average worker on which your salary is really just that enough for a certain budget then any changes in price even on the slightest number would really be having that significant impact into your

budget and this is why i cant really blame out to those people who would really be having that kind of reaction even though it would really be that too highly that reactive but i do understand that part.
I agree on some points that it isnt really that always taking out the blame by the government since prices could really be that something in line with those world-market prices but we cant really that
able to avoid not to have questions specially of importation and exportation is already into that certain extent which it isnt really that something right anymore.

You would really be expecting people to have this kind of questioning about on whats happening with the governance of a certain country on which or where you are living in.
You would really be raising up with those kind of questions and concern regarding with those climbing prices.
It's normal to have that question because it's not normal for the most to see the continuous increase in price of commodities. We can't do anything with that.
We're just a peasant of our own and this system so, whatever price they dictate, it will just so happen no matter what's the trend locally and globally. We have to tight our belts and pockets because there seems to be a solution being taken by our government.
hero member
Activity: 2786
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Those importing countries will really feel the heat of the inflation and those that don't have food security and are reliant on it will experience an increase in prices.

Like those rice eating countries, they will have no choice but to get used to the shooting up of prices because many of the exporting countries have stopped doing it.

They're focusing on their own citizens and if they're going to export rice into few countries, they're also going to limit it. That's why those biggest suppliers will able to be control the price.
This is what we are experiencing right now and our government can't do anything about this, we have to deal with it the hard way.
The price of the basic commodities increases as the market continues to drop, many are already suffering and yet our government is not doing anything.
It's like most of the countries in the world that have to deal with this and that's why we need to do something for ourselves to defeat this situation or at least survive.

Well, what can you expect from a corrupted government system,
It's just sad that a corrupt government will make a country's situation worser than what people are expecting to happen. Instead of helping and doing their tasks to mitigate the situation, they're not doing any good with that.

Well, what can you expect from a corrupted government system, this has been the problem I guess we have to deal with this on our own and the better solution is to look for more source of income.
Yes. We have to deal with it and that's through being frugal and at the same time gaining more source of income.
hero member
Activity: 2856
Merit: 769
It is the same here in our country where food prices have gone up, the inflation rate has increased and even if it's not a double-digit percentage still that's quite high for most of us. The transportation sector has also made their hikes for the fares and that's because of unstoppable oil price hikes which is also another cause of the food price increase. Commodities have truly gone up but I believe that despite it's going to be hard to go back to the normal prices that we used to see it, at least a slash of its prices will definitely help a lot of us to cope up with this craziest trend which is the price hikes for most things.
If you are really just that an average worker on which your salary is really just that enough for a certain budget then any changes in price even on the slightest number would really be having that significant impact into your

budget and this is why i cant really blame out to those people who would really be having that kind of reaction even though it would really be that too highly that reactive but i do understand that part.
I agree on some points that it isnt really that always taking out the blame by the government since prices could really be that something in line with those world-market prices but we cant really that
able to avoid not to have questions specially of importation and exportation is already into that certain extent which it isnt really that something right anymore.

You would really be expecting people to have this kind of questioning about on whats happening with the governance of a certain country on which or where you are living in.
You would really be raising up with those kind of questions and concern regarding with those climbing prices.
legendary
Activity: 2898
Merit: 1152
I believe the price inflation of food is a global occurrence.  Since most of the agricultural lands are converted into housing or industrialized and commercialized, there is a lesser place to produce the needed food of people.  Aside from that the materials needed in producing goods also become expensive plus the increasing cost of transportation to move these food products.

As a matter of fact, the amount of budget we had last year can rarely buy 3/4 of the amount it can buy those times.  And the prices on the marketplace both online and local places are also soaring.  
legendary
Activity: 1246
Merit: 1071
But I was wondering if this only happened in my country or in your country too?
The situation in your country is the same situation faced in some other countries, the difference is that they may be caused by different reasons not all drought related. Some are due to crisis in areas where there is high agricultural practice, to even increase in cost of transportation.

In my country for instances, there is enough fertile land for agriculture and there are still many farmers both in small and in large scale, the problem however right now is that there is now an increased price in the cost of petroleum product (PMS & Diesel), and this affected the cost of transporting these farm products from the farm to the market. Due to that, there is an increase in the price of some food items.

The situation may likely get worse, so it is good to prepare to make more money to be able to afford the food as the prices increase, or seek alternatives like starting to farm your own food for yourself and maybe your family.
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