Stretch Your Dollar: How supply chains impact DMV grocery prices, this week's deals
Francisco Martin-Rayo, CEO of Helios Artificial Intelligence, predicts commodities prices for hedge funds and global investors. He said many factors are at play when it comes to price fluctuations for a number of food items such as avocado prices which rose on DC News Now's price tracker in February.
'Some of the things we're seeing with tariffs make avocados a little bit more expensive, but it's compounded by the fact that in Michoacan, Mexico, you've had terrible droughts. And so already you have fewer avocados than before. They're going to be more expensive. And you're making it a little bit more expensive,' Martin-Rayo said.
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Egg prices have soared, exacerbated by the spread of avian flu. DC News Now found that this week's egg prices are at least 40% higher than one year ago.
'More and more of us, consumers, we want the free-range eggs, right? We think they taste better. The product is better for you. But when you have free-range eggs, that means the chickens are actually engaging more with other wild birds that are more likely to have some of these diseases,' Martin-Rayo said.
DC News Now tracks grocery prices of staple items at Walmart, Giant and Safeway. Here's how prices changed compared to last week (Feb. 7):
Brown eggs
Walmart: $6.10 (increase of 9.5%)
Giant: $5.49 (no change)
Safeway: $9.49 (no change)
Wheat bread 20oz
Walmart: $1.42 (no change)
Giant: $2.89 (no change)
Safeway: $2.99 (no change)
Gallon 2% Milk
Walmart: $2.62 (no change)
Giant: $3.99 (no change)
Safeway: $5.49 (no change)
Broccoli 12 oz Bag of Floret
Walmart: $1.16 (no change)
Giant: $2.49 (increase of 25.1%)
Safeway: $2.50 (no change)
Avocado
Walmart: $0.96 (no change)
Giant: $1.66 (decrease of 11.7%)
Safeway: $2.00 (no change)
Russet Potato
Walmart: $0.83 (no change)
Giant: $0.73 (no change)
Safeway: $1.63 (no change)
Boneless Chicken Breast Value Pack
Walmart: $2.67 (no change)
Giant: $2.69 (no change)
Safeway: $3.99 (increase of 33.4%)
Boneless Porkchop Value Pack
Walmart: $4.58 (no change)
Giant: $6.49 (no change)
Safeway: $4.99 (decrease of 52.5%)
Ground Beef 1lb Tray
Walmart: $5.63 (no change)
Giant: $5.49 (decrease of 13.8%)
Safeway: $6.99 (no change)
Brown Rice 32oz
Walmart: $1.64 (no change)
Giant: $2.29 (no change)
Safeway: $2.29 (no change)
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