Food prices in Trinidad and Tobago

[paid_influencer]

if bird flu sweep we poultry industry we ded

[timelapse]

I does get for free.
Stop minding people business in Ukraine and America and mind some fowl.

[Dizzy28]

USA seems to have crossed the hill on high egg prices.

eh

relative tell me in new york a dozen eggs is currently us8-9 ... here is about half of that

[bluefete]

Got several 2/1 specials today in Food Basket.

Moo Full Cream milk banded - $16. for 2
Anchor Butter 227 grams - 2 / $32.95 (equivalent to 1 lb which sells for $64. in the same grocery).
Guiltless Yougurt - 2/ $24.00 I have a problem here because they sell the pineapple for $18.95 for one but all the others they charge $5. more. Anyway it worked to be $12. / 1 so I cannot complain too much.
CIF cleaner - 2/$21.95 - PRICE ON THE SHELF. HOLD IT. When I reached the cashier it scanned as $25.95. Took it out. Not worth the price.

ALWAYS check your bills before leaving FOOD BASKET. They are NOTORIOUS FOR OVERCHARGING CUSTOMERS.

[Dizzy28]

^ Picked up some guiltless two for 18 in Massy last week. Alas last year the deal used to be two for fifteen.

They have a premium line of yogurts which are more expensive

IMG_20230207_214638.jpg (24.53 KiB) Viewed 1079 times

[viedcht]

For anybody interested, Family Mart PTown has blue band 3/20.00. I know mums does make Xmas bakes ( cake etc) with that so...

[pugboy]

boy real ppl complain about the new blueband
it’s not the same, has a bad greasy texture

[daring dragoon]

boy real ppl complain about the new blueband
it’s not the same, has a bad greasy texture

only idiots will continue to support unilever an their products after they fire all your local brothers and sisters and take the entire operation to some other country and hire workers there. support roberts sunflower brand of margarine as it is made in barbados. if we support them small islands they wouldnt come here and we can go there when TT falls apart further.

[bluefete]

boy real ppl complain about the new blueband
it’s not the same, has a bad greasy texture

Look at where it is now being manufactured.

[bluefete]

^ Picked up some guiltless two for 18 in Massy last week. Alas last year the deal used to be two for fifteen.

They have a premium line of yogurts which are more expensive IMG_20230207_214638.jpg

The Guiltless I got at 2/$24 is the one with the granola in the container at the top.

[wing]

PRESIDENT of the Supermarket Association (SATT) Rajiv Diptee on Tuesday sought to explain to the nation, why food prices cannot decrease at this time, despite global food prices declining for ten consecutive months.

“There is a lag time that comes into play with price decreases on international markets filtering into local production, which can then end up on grocery shelves at lower prices. Customers can surely expect to enjoy lower prices as suppliers and distributors of imported goods fetch the products at lower prices which they can then effectively pass onto supermarkets,” Diptee said.

His explanation came on the same day when Minister of Trade and Industry Paula Gopee-Scoon called on businessmen to be reasonable when it comes to the price of food on the shelves.

Diptee further explained SATT's position.

“If you consider wheat which is imported by local flour millers, for example, what would have happened in the past year is that to ensure supply at that time, manufacturers would have locked in prices on contract with suppliers.

"For example, NFM (National Flour Mill) would have stated they passed on reduced prices effectively through discount promotions to customers.”

The ministry said it has noted the decline in global food prices, for the tenth consecutive month, as recorded by the UN's Food and Agricultural Organisation (FAO).

The release said during the fiscal 2023 budget presentation last October, Gopee-Scoon called on supermarkets, distributors and other retailers to, “be fair and make appropriate adjustments to the prices charged to consumers if market conditions improve."

Gopee-Scoon also expressed disappointment in a statement made by the SATT that food prices were not likely to drop any time soon.

According to the FAO, all food global prices have decreased by 18 per cent: meat by 6.81 per cent, dairy by 7.15 per cent, cereals by 13.14 per cent, and sugar by 4.69 per cent. The largest decrease was oils which dropped by 40.89 per cent.

The ministry also reported a steady decline in the Freightos Baltic Index from last October to this January. The Freightos Baltic Index is the benchmark used to measure the spot rates for 40-foot containers.

The release said, “In January, the rate declined to the pre-pandemic level and therefore it is expected that reduced shipping costs should result in lower food prices to consumers in TT. Several supermarkets, distributors and retailers have demonstrated good business sense by being fair to consumers and engaging in healthy competition. However, there continue to be examples which suggest that the prices being paid by consumers are not reasonable.”

The ministry said the exhortation of the Fair Trade Commission that it expects food prices to be competitive must be taken seriously.

The ministry also encouraged the public and business community to report any anti-competitive behaviour to the commission and the ministry's Consumer Affairs Division.

[maj. tom]

While it's obviously very complicated, I feel government needs to step in with some consumer laws regarding basic imported foods and the floating global market prices. Good faith has no place in Trini capitalism and it will forever be one excuse after the next justifying their greed.

I hear KFC gone up again last week, yet all the supply prices gone down. They paying KFC workers a higher salary now to explain that?

[hover11]

Asking the wrong question they raised prices...ent ppl still buying? I did a study on KFC for my final year, the profits they make on FRIES alone is astronomical but say what they have cheap labour and basically an inelastic good at their disposal.

[SuperiorMan]

Asking the wrong question they raised prices...ent ppl still buying? I did a study on KFC for my final year, the profits they make on FRIES alone is astronomical but say what they have cheap labour and basically an inelastic good at their disposal.

call numbers nah

[maj. tom]

KFC could raise their price by 2000%, that example was about corporate greed and wage theft.

I was really referring to government regulating the prices on the supermarket shelf regarding the dropping global supply prices.

[DMan7]

Regulate NOTHING! This is T&T when prices drop globally our supermarket prices remain the same, when it increase globally you better bet your bottom dollar that they gonna increase it though.

[adnj]

A KFC 2pc combo is US$6 plus sales tax in the US.

How does that compare with T&T?

[Dizzy28]

A KFC 2pc combo is US$6 plus sales tax in the US.

How does that compare with T&T?

US Minimum wage - US$7.25/hr
TT Minimum Wage - US$2.58/hr

Box of dead costs more hours at Min wage here than there.

[hover11]

A KFC 2pc combo is US$6 plus sales tax in the US.

How does that compare with T&T?

US Minimum wage - US$7.25/hr
TT Minimum Wage - US$2.58/hr

Box of dead costs more hours at Min wage here than there.

Imagine working for a whole hour and not being able to afford a loaf of kiss whole grain oats bread

[wing]

A KFC 2pc combo is US$6 plus sales tax in the US.

How does that compare with T&T?

US Minimum wage - US$7.25/hr
TT Minimum Wage - US$2.58/hr

Box of dead costs more hours at Min wage here than there.

Imagine working for a whole hour and not being able to afford a loaf of kiss whole grain oats bread

Of course you don't have to worry about that thanks to the taxpayers.

[adnj]

A KFC 2pc combo is US$6 plus sales tax in the US.

How does that compare with T&T?

US Minimum wage - US$7.25/hr
TT Minimum Wage - US$2.58/hr

Box of dead costs more hours at Min wage here than there.

Imagine working for a whole hour and not being able to afford a loaf of kiss whole grain oats bread

Of course you don't have to worry about that thanks to the taxpayers.

What are the input costs other than wages? Potatoes, vegetable oil and chicken feed are US exports.

[Dizzy28]

Some ones been reading up on the big Mac index.

In pure purchasing power comparison you buy one here to there and vice versa it's cheaper there

A KFC 2pc combo is US$6 plus sales tax in the US.

How does that compare with T&T?

US Minimum wage - US$7.25/hr
TT Minimum Wage - US$2.58/hr

Box of dead costs more hours at Min wage here than there.

Imagine working for a whole hour and not being able to afford a loaf of kiss whole grain oats bread

Of course you don't have to worry about that thanks to the taxpayers.

What are the input costs other than wages? Potatoes, vegetable oil and chicken feed are US exports.

[adnj]

Some ones been reading up on the big Mac index.

In pure purchasing power comparison you buy one here to there and vice versa it's cheaper there

A KFC 2pc combo is US$6 plus sales tax in the US.

How does that compare with T&T?

US Minimum wage - US$7.25/hr
TT Minimum Wage - US$2.58/hr

Box of dead costs more hours at Min wage here than there.

Imagine working for a whole hour and not being able to afford a loaf of kiss whole grain oats bread

Of course you don't have to worry about that thanks to the taxpayers.

What are the input costs other than wages? Potatoes, vegetable oil and chicken feed are US exports.

I don't follow your logic. Purchasing power is irrelevant in this instance.

The driver of the plated costs is the total of inputs, overhead and profit margin.

[paid_influencer]

we need to prioritize food security. food prices is secondary, food security is the primary. people think you get one you automatically get the next. not true.

profit is the tool that capitalism uses to prioritize resources. if there is no profit in food, capital will not invest resources in food

profit is the gas that keeps the vehicle running.

ideally getting food onto this shiethole island should be very profitable to pull more capital into it

after wars and plague is famine. beware of famine

[VexXx Dogg]

^ agreed.
Agriculture should be a national priority

[Dizzy28]

Some ones been reading up on the big Mac index.

In pure purchasing power comparison you buy one here to there and vice versa it's cheaper there

A KFC 2pc combo is US$6 plus sales tax in the US.

How does that compare with T&T?

US Minimum wage - US$7.25/hr
TT Minimum Wage - US$2.58/hr

Box of dead costs more hours at Min wage here than there.

Imagine working for a whole hour and not being able to afford a loaf of kiss whole grain oats bread

Of course you don't have to worry about that thanks to the taxpayers.

What are the input costs other than wages? Potatoes, vegetable oil and chicken feed are US exports.

I don't follow your logic. Purchasing power is irrelevant in this instance.

The driver of the plated costs is the total of inputs, overhead and profit margin.

Purchasing power is wholly relevant especially as its an individual doing the purchasing. You cannot make comparisons of prices using simple exchange rate conversions between countries. You need to factor the actual purchasing power in each country to make a proper representation of the cost of the box of kfc.

[viedcht]

Even if Yuh only using fancy shtt, cyah say it not worth it.

After gym, jam ah lifebuoy.

After 3hrs in de gyadinn, jam ah lifebuoy.

Now reach back from ah greasy maxi ride from city gate, jam TWO lifebuoy and some Dettol, coz oh fakkin geed.

[pugboy]

dirt cheap
cga duet soap is $15/3

[88sins]

^ agreed.
Agriculture should be a national priority

ppl bawlin this over 30 years now, and we in a worse situation now than we were then.
Food security is NOT a priority for politicians here. Never was, and never will be. Because they kno, if comes a time when the masses literally either can't afford the cost of food, or it simply don't have any supply whatsoever, they and theirs will abandon ship & head for Europe and N.America, and is the man on the ground to ketch hell.

[pugboy]

i bet haiti leaders used to say the same things