ST. LOUIS (KMOX) – The sharp drop in gas prices in recent months is having another beneficial impact on your bank account.
Lower transportation costs from farm field to grocery store shelf means we’re paying less for food, as well.
“Two years ago, or even go back a year, to get a truckload of produce from the west coast to St. Louis, it was almost as much in fuel as it was raw product on the truck,” says state Rep. Dan Shaul.
Shaul is also president of the Missouri Grocers Association.
He says commodities fell across the board, including those in agriculture and energy, with fuel being the most noticeable one.
“I think that’s going to benefit consumers, one, because the cost of goods are going to be less in the store, and also they’ll have more money in their pockets,” he says.
Shaul points out every grocery chain across the state, including locally based Schnucks and Dierbergs, have already reduced prices on many food items to reflect lower fuel and transportation costs.
“Maybe we can go from a ground beef diet to a filet diet, or at least a sirloin diet along the way,” he says.
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