If you’re wondering why the price of potato chips, an American snacking staple, has been rising so rapidly, there are two reasons. General inflation is one; according to the the Federal Reserve, the US dollar has lost 87% of its purchasing power since 1971. But another reason that has not been considered by the buying public is an overheating planet!
A bag of potato chips now costs over 50% more than it did 10 years ago! Worldwide warming is a major factor in driving up potato prices.
Idaho and Washington states are the potato producers. Idaho had the third warmest year on record in 2024, and Washington had the 15th warmest.
Pennsylvania is the largest processor of potato products and fourth in the production volume. For years, it has seen a decline in the acres devoted to potatoes used in chips because of the rising temperatures, as much as rising farm labor costs.
Professor J. R. Ehleringer of the University of Utah has said that soil temperature greatly affects potatoes, which are sensitive to heat, and causes a reduction in crops. He says that cotton and wheat crops are also affected by the extreme weather.
Other causes of rising farm product prices include increased costs for equipment, fertilizer and fuel, supply chain disruptions, labor shortages, and overall inflation.
According to the USDA, prices received for livestock increased in 2021, as strong demand and supply chain hurdles pushed prices up 18% from the previous year. Aggregate livestock prices increased further in 2022 to an all-time high level. In 2025, overall food prices are anticipated to rise close to the historic average rate of growth. In 2025, prices for all food are predicted to increase by 2.2 to 2.15%.
Between the 1970s and early 2000s, food-at-home prices and food-away-from-home prices increased at similar rates. However, between 2009 and 2019, their growth rates diverged. While food-at-home prices deflated in 2016 and 2017, monthly food-away-from-home prices increased consistently.
Differences between the costs of serving prepared food at restaurants and retailing food in supermarkets and grocery stores explains this variance. As farmers are struggling to make shipments, the prices will continue to rise. And now, with the Trump Administration’s freeze on aid to farmers, shortages are likely to become pronounced.
Manos Angelakis is one of the founders, the former Managing Editor for 25 years, the current Managing Editor Emeritus, and Senior Food & Wine Writer of LuxuryWeb Magazine. He is an accomplished travel writer, photographer, and food and wine critic based in Hackensack, New Jersey. As a travel writer, he has written extensively about numerous cities and countries. Manos has also been certified as a Tuscan Wine Master and has traveled to wine-producing areas in order to evaluate firsthand the product of top-rated vineyards. In the past year, he has visited and written multiple articles about Morocco, Turkey, Quebec City, Switzerland, Antarctica, and most recently the South of France. Articles in other publications include Vision Times and Epoch Times.
0 Comments