The 20 foods shown making new all time highs represent 43% of the 46 foods I have been tracking in the FRED database at the St. Louis Federal Reserve Bank. Prices are per pound unless otherwise noted.
Beef Products:
Piped utility gas used to average $1.04 per therm under Trump I.
Under Trump II it's $1.61 in September 2025, 55% more.
Coffee hits new all time high in September 2025 of $9.14 per pound, 111% higher than it used to be.
Coffee averaged $4.33 per pound under Trump I.
I bought six heads of romaine lettuce yesterday like I usually do at Sam's Club every couple of weeks, for $4.46.
Such a deal, right?
Well, this has never happened before in years of shopping at Sam's: the cores were rotten. I barely salvaged half of it.
I also bought a five pound bag of organic carrots, for $3.62. That's always a great deal at Sam's, except this time all the carrots in the bin were THIN, THIN, THIN, and LIMP.
Summer weather is hard on such produce in any case, but I've been buying this stuff year round at Sam's for years and have never experienced this.
I should have taken the stuff back, but I do live in the country and I have compost piles.
Worms gotta eat, same as buzzards.
Frozen orange juice concentrate $4.641/12oz
Coffee $8.414/lb
Bananas $0.657
Chocolate Chip cookies $5.264
Even though bananas and chocolate chip cookies made new highs, they are good values adjusted for inflation since 1980. Bananas are 49% lower than they should be, and the cookies are 12% lower. Most US bananas come from Guatemala, Ecuador, Costa Rica, Colombia, and Honduras.
Coffee is running 3.9% ahead of its inflation adjusted price from July 1984, and OJ is running 3.4% ahead of its inflation adjusted price since July 1980.
All nearly fifty food items I track are still near their all time highs.
We've had no fewer than seven spikes of serious food inflation running ahead of core inflation just since the year 2000.
Agricultural export prices also have soared since then. What a coincidence.
Adjusted for inflation since July 1984, 100% ground beef should cost $3.88/lb in July 2025, but it's actually 61% higher than that.
100% Ground Beef $6.254/lb
Ground Chuck 6.338
Round Roast 7.909
All uncooked beef roasts 8.397
Choice chuck roast 8.439
Round steak 8.69
All uncooked beef steaks 11.875
Choice sirloin steak 13.554
The current rate of food inflation is running 56% higher than the average rate for the entire prior decade and more.
Nothing would sing "we can't fix it" more than a rate cut in September, but three in the Autumn would shout "we don't care!"
I remember the days when every grocery item came with a price tag.
When those went away there was an outcry, saying shelf pricing would be manipulated to get you to buy the item at a lower displayed price but charge you more for it at the register because the price displayed was wrong.
You used to get the item for free if that happened.
Now it happens all the time, but all you get is a refund for the difference, IF YOU STAND IN LINE AT CUSTOMER SERVICE TO GET IT.
Every transaction is going to become a negotiation like we're a goddamn third world country.
Editorial: Trump must act quickly to avert a harvest crisis
With harvest season about to begin in earnest, farmers are desperate for laborers to pick their fruit and vegetables. Already in the Pacific Northwest, much of the cherry crop was left to rot because of the shortage of agricultural workers.
The crisis will soon roll into Michigan, where apples, cherries, blueberries, asparagus and other crops are rapidly ripening. Hand-picked specialty crops are a $6.3 billion industry in Michigan, supporting 41,000 jobs.
The shortage of farm workers has been building for years, due to an aging agricultural workforce, competition from more lucrative and less grueling jobs and restrictions on immigrant labor.
This year, it is exacerbated by the Trump administration's crackdown on unauthorized immigrants and the deportation of those who have entered the country illegally.
Estimates are that 42% of farm workers are undocumented migrants. Recent Immigration and Customs Enforcement raids on farms employing migrants have frightened away many of those workers from the fields where they had been working.
But the work they do hasn't gone away. Fruit and vegetables still need to be harvested. If they're not, it will lead to food waste, shortages and higher prices on the grocery shelves.
When asked about the worker shortage, Agriculture Secretary Brooke Rollins said the solution lies in greater mechanization of farms and matching the 34 million able bodied Americans who must find jobs or lose their Medicaid benefits with farmers who need workers.
While Rollins is correct that those who can work should be expected to, it's doubtful even the risk of losing health care benefits will coax the jobless into hot, backbreaking farm work.
Her solutions will take time and large capital investments. They won't save this year's harvest.
The Trump administration must take emergency action to assure there are enough workers to bring in the crops this summer and fall.
Rather than deporting migrants willing to fill essential jobs such as harvesting, the administration should grant them seasonal visas and a no-deportation guarantee as long as they are working on farms.
Beyond that, reform is needed for the H-2A visa program that allows farmers to legally employ temporary workers from another country. The application process is too complex and time-consuming. It must be simplified; farmers need help now.
Also at issue is the federal mandatory minimum wage for H-2A visa holders, now set at $18.50 an hour. That's nearly $8 an hour higher than the state minimum wage in Michigan. When added to housing and other costs for these workers, many farmers have to limit their use of the visas.
Longer term, resources should be devoted to recruiting domestic workers for the agriculture industry. Farmers are also being encouraged to raise wages for native-born workers, add benefits and improve working conditions.
All of that is expensive and will inevitably show up in grocery prices. But so will the shortages caused by allowing crops to rot in fields.
The most sensible option for this season is to back off deportation of farm workers while solutions are pursued for either replacing them or giving them legal status.
