Peterson Sorenson
Inflation is quietly tightening its grip across the world, and certain pantry staples are beginning to surge in price. Acting early by stocking up on some of these necessary items can protect your wallet for at least the next few months. Here are ten items that MUST be on your grocery list this week.
Rice
Rice is a staple globally, yet it is witnessing supply chain strains due to weather disruptions in major producing countries. Long-grain varieties and specialty rice are particularly affected. Buying in bulk now could save money, especially if you enjoy diverse international cuisines.
Olive Oil
Shoppers in the U.S. may find better deals on California olive oil, but their European versions may have to pay significantly more. A devastating drought in Spain has heavily impacted olive harvests, and premium quality within budget is difficult to find, so avoid spending more.
Canned Tomatoes
Canned tomatoes quietly anchor many kitchen staples, especially in regions where fresh ones are not readily available. California’s ongoing water challenges are squeezing tomato crops and reducing supply. Building a small personal reserve can prevent succumbing to higher grocery costs later.
Coffee
A recent study by the Food and Agriculture Organization of the United Nations reveals that coffee prices are surging globally due to extreme weather. Coffee bean yields are shrinking across Latin America due to climate instability. Buy your favorite blends and store them properly.
Flour
Flour may seem basic but is increasingly expensive due to global wheat shortages tied to geopolitical tensions and trade barriers. It also stores well in airtight containers, which makes it an ideal long-term investment. Stashing all-purpose and specialty flours both.
Sugar
You may not have realized it by now, but sugar production is facing hurdles due to labor shortages and erratic weather. Starting a modest sugar stockpile now would give you enough for baking and all other recipes without feeling the sting of escalating grocery bills down the road.
Pasta
The versatility of pasta has paved its way into every kitchen. However, durum wheat shortages are nudging pasta prices upward. Stocking up on a variety of shapes and styles today could allow you to have a staple base food available for comforting weeknight dinners.
Oats
As healthy as starting your morning with oats is, it might become a pricier habit soon. Rising fertilizer costs are hitting oat farmers hard, and they have limited harvests. Buying rolled or quick oats today guarantees you hearty breakfasts and a healthy staple.
Vinegar
Keeping a few extra vinegar bottles is a smart and low-cost hedge against inflation. Often overlooked, it is a universal ingredient that lasts indefinitely. A rise in the prices of corn is driving up the cost of white vinegar, while apple shortages limit the supply of cider vinegar.
Spices
Spices bring flavor to every kitchen, yet they are becoming luxury items as in medieval times. Poor harvests in India and Madagascar are limiting supplies of spices like turmeric and vanilla, so acquiring these basics would keep meals vibrant and flavorful for desi folks.
