No Increase in Food Stamp Values as Grocery Prices Rise

4 years 7 months 4 weeks ago July 25, 2012 Jul 25, 2012 Wednesday, July 25 2012 Wednesday, July 25, 2012 5:37:00 PM CDT in News
By: Joe Chiodo
loading

COLUMBIA - The U.S. Department of Agriculture released a forecast Wednesday highlighting inflations on food prices in the next year.  The inflation is due to a lack of corn and soybean crops availabe for food production.  Extreme heat and lack of rain killed the majority of the crops.  Although an increase in food prices will likely go into effect before fall, food stamp prices are fixed for the year, meaning no adjustment will be made as prices rise in 2012.

The forecast showed a 3.5% to 4.5 % average increase on foods in the coming year.  The department predicts a 3.5% to 4.5% increase in the cost of meats, poultry and fish, about a 2% to 3% increase in eggs and dairy products, fats and oils are expected to rise 4% to 5% and fruit and vegetable prices will go up about 2% to 3%. 

Jake Davis, owner of Root Cellar Grocery on Walnut Street in Downtown Columbia, told KOMU 8 News his grocery prices haven't shot up yet, but he expects them to soon.  Davis said customers will begin noticing the increase on unprocessed food first.

"Unprocessed foods...fruits and vegetables those are the things we're goin to see climb first, particularly those fruits and vegetables we produce in the mid-west," Davis said.

Davis added It isn't clear how soon the price hike will occur, but it could be soon.

"It could happen tomorrow, fifteen days from now, a month from now, but it will be soon.  Before fall," Davis said.

Processed foods, however, will not see a rise in price for several months.  Davis said processed foods currently being produced are still using corn crop from last growing season.  He said once this year's crop is put into production the prices will rise.

Low-income customers using food stamps often shop at The Root Cellar.  Davis said these customers food dollars will have less value once prices rise.

"People who are in that lower income bracket, you know this is obviously going to make it more challenging, Davis said."

Pat Westhoff, MU researcher and Director of the Food and Agriculture Policy Research Instiute, told KOMU 8 News there will be no change in the value of food stamps for 2012, despite a rise in the price of groceries.

"Those food stamp benefits in a given year are fixed, its only a year after the fact that there will be some adjustment for food stamp benefits," Westhoff said.

Westhoff said in 2013 the food stamps should be adjusted to account for the money lost from food stamp users in 2012.

Still, this means shoppers who use stamps must realize if there are drastic price increases they will not be able to afford as much food.

More News

Grid
List
LINN - State Technical College in Linn opened up its campus to recruit prospective students and to show off what... More >>
3 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 4:49:00 PM CDT in News
COLUMBIA - The Boone County Fire Protection District said Saturday it is conducting a search and rescue at the Katfish... More >>
3 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 4:37:00 PM CDT in News
ST. LOUIS (AP) — Two men each are jailed on $750,000 bond after being accused in connection with the St.... More >>
4 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 3:38:00 PM CDT in News
COLUMBIA - Two semi trucks and multiple cars were part of a wreck Saturday that closed westbound I-70. The... More >>
5 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 3:23:00 PM CDT in Top Stories
JEFFERSON CITY, Mo. (AP) — The Republican-led Missouri Legislature will get back to a business-friendly agenda when it returns from... More >>
7 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 12:35:00 PM CDT in News
ST. LOUIS (AP) — A St. Louis man has been sentenced to life in prison without the possibility of parole... More >>
9 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 10:54:00 AM CDT in News
CLAYTON, Mo. (AP) — An activist who helped shut down a St. Louis-area freeway during protests commemorating the first anniversary... More >>
9 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 10:45:00 AM CDT in News
ST. LOUIS (AP) — St. Louis police say a 15-year-old boy was killed and six other people were critically wounded... More >>
9 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 10:41:00 AM CDT in News
COLUMBIA – A group of local artists hosted a fundraiser Friday night, giving people people the chance to view works... More >>
14 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 5:40:00 AM CDT in News
COLUMBIA – Columbia businesses are coming together to encourage community members to lead healthy and balanced lives. Keystone Chiropractic... More >>
14 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 5:28:00 AM CDT in News
OVERLAND PARK, Kan. (AP) — Officials in a Kansas City suburb where a fire destroyed a multimillion-dollar apartment building under... More >>
15 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 4:30:30 AM CDT in News
SPRINGFIELD (AP) — Police say a man arrived at a Missouri hospital with his lips apparently glued together after coming... More >>
16 hours ago March 25, 2017 Mar 25, 2017 Saturday, March 25 2017 Saturday, March 25, 2017 4:19:00 AM CDT in News
COLE COUNTY - Deputies arrested a man Friday evening for shooting a gun near Rainbow Hills Road, the sheriff's office... More >>
23 hours ago March 24, 2017 Mar 24, 2017 Friday, March 24 2017 Friday, March 24, 2017 8:39:00 PM CDT in News
COLUMBIA - The Columbia Police Department said Friday it will begin patrolling areas with a high concentration of student housing... More >>
1 day ago March 24, 2017 Mar 24, 2017 Friday, March 24 2017 Friday, March 24, 2017 7:09:00 PM CDT in News
JEFFERSON CITY (AP) — A Missouri judge says summaries of initiative petitions against right to work no longer fit since... More >>
1 day ago March 24, 2017 Mar 24, 2017 Friday, March 24 2017 Friday, March 24, 2017 6:59:00 PM CDT in News
JEFFERSON CITY (AP) — Republican Gov. Eric Greitens will be visiting the U.S. Capitol this weekend to talk policy with... More >>
1 day ago March 24, 2017 Mar 24, 2017 Friday, March 24 2017 Friday, March 24, 2017 6:49:00 PM CDT in News
COLUMBIA - A Mid-Missouri man has been sentenced to life in prison after pleading guilty to multiple sex charges. ... More >>
1 day ago March 24, 2017 Mar 24, 2017 Friday, March 24 2017 Friday, March 24, 2017 6:22:00 PM CDT in Top Stories
PITTSBURG, Kan. - Former University of Missouri head basketball coach Kim Anderson has agreed to join Division II Pittsburg State... More >>
1 day ago March 24, 2017 Mar 24, 2017 Friday, March 24 2017 Friday, March 24, 2017 4:43:00 PM CDT in Sports
Columbia, MO
Broken Clouds 55°
9pm 54°
10pm 53°
11pm 55°
12am 53°

Select a station to view its upcoming schedule:

Coming Up Next

7:00p
Despicable Me 2
9:00p
Saturday Night Live
10:00p
KOMU 8 News @ 10
8:00p
Bob's Burgers
8:30p
Bob's Burgers
9:00p
KOMU 8 News @ Nine on The CW

Tonight's Schedule

7:00p
Despicable Me 2
9:00p
Saturday Night Live
7:00p
Family Guy
7:30p
Family Guy
8:00p
Bob's Burgers
8:30p
Bob's Burgers
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld