Wednesday, March 25, 2020

Eating organic on a tight budget

Organic food is seen as a premium product and can be over expensive for this reason. Supermarkets are guilty of this, so it is best to avoid them. Supermarkets normally have their prices available online, note down the cost of the products you normally buy and price check them with online organic shops, farmers market and greengrocers to find out who has the best price.
Increasing demand is only one reason for the higher price of organic products, says Greg Wank, a partner at advisory firm Anchin, Block & Anchin LLP who leads its food and beverage practice group. It costs farmers more to produce products without conventional pesticides, and the harvesting and handling of organic food can be more time-intensive, two factors that further add to the cost.

U.S. News & World Report
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Young woman carries a shopping basket filled with fresh produce. She is shopping for fresh fruit and vegetables in a grocery store.
Take a close look at labels and shop at budget-friendly stores.(GETTY IMAGES)

ORGANIC FOODS ARE popular among health-conscious consumers, but they can cost more than conventionally grown items. Only five million acres of farmland in the U.S. were certified organic in 2016, according to the most recent Certified Organic Survey from the U.S. Department of Agriculture. That means less than 1% of U.S. farm acreage is producing certified organic foods and yet sales from these products rose 23% from 2015 to 2016, per the USDA.

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Increasing demand is only one reason for the higher price of organic products, says Greg Wank, a partner at advisory firm Anchin, Block & Anchin LLP who leads its food and beverage practice group. It costs farmers more to produce products without conventional pesticides, and the harvesting and handling of organic food can be more time-intensive, two factors that further add to the cost. "That all being said, each year there is more and more supply due to the strong demand, which is slowly bringing costs lower," Wank says.


Still, there are simple and clever ways to curb costs on organic food.

Here's how to eat organic on a budget:

Read labels carefully.
Focus on priority foods.
Purchase in-season produce.
Forgo fresh for frozen produce.
Buy store-brand organic products.
Shop at budget-friendly stores.
Look for organic coupons.
Purchase sale items.
Buy directly from farmers.
Extend shelf life with the proper storage.

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