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Inflation, ongoing supply chain issues, labor shortages and even the war in Ukraine are all contributing to higher prices on many everyday items. Although we don’t have a crystal ball, we can say with some certainty that prices on certain products will continue to rise through at least the end of the year. Here are the things you should buy now before they become even more expensive.

Tomato Products

California’s extreme drought is threatening this year’s tomato crop, which means you’ll start seeing higher prices on jarred pasta sauce, salsa, canned tomatoes, and ketchup. Next time you’re shopping, buy more of what your family uses most and keep it in the pantry to avoid upcoming price hikes.

Flour, Cereal, Baking Mixes & Pasta

The war in Ukraine is stressing the world’s supply of wheat. Anything made with the grain is going to continue getting more expensive. That includes cereal, flour, baking mixes and pasta. Stock up on your holiday baking essentials now so you can be sure to make all your favorites without going over budget.

Just keep an eye on expiration dates, and once opened, store any wheat-based products in airtight containers to maintain freshness.

Popcorn

Here’s another one caused by the drought. But the good news is, unopened popcorn kernels have a long shelf life if they’re stored properly. Keep the unpopped kernels dry, cool, and in an airtight container. You can buy now and stock up, so you’ll have plenty to pop for cozy winter movie nights or healthy snacking any time.

Olive Oil

First it was the tomato crop in California, now it’s the olive crop in Spain. It looks like a combination of factors is causing the price of olive oil to rise, including the price of glass packaging (more on that later).

But it might surprise you to know that unopened extra virgin olive oil has a shelf life of about 20 months when stored in a cool, dry area way from sunlight. Rather than stocking up on big bottles, purchase several smaller bottles you can use up as you go so you can keep the reserve stock tightly sealed. Once opened, give it a quick taste before each use, since exposure to light and air can cause the oil to oxidize and change the flavor.

Canned Goods

Anything packaged in cans — from fruits and vegetables to beer and sparkling water — is getting more expensive. Why? Aluminum shortages. Fortunately, most canned goods are versatile pantry staples that can stay fresh and tasty for years when stored properly, so keeping plenty on hand is never a bad idea.

Products in Glass Bottles

If it’s packed in a glass bottle, it’s going to be more expensive soon. Think wine, liquor, bottled beer, maple syrup and olive oil. If you’re planning to entertain a lot during the holidays or give bottles of wine as gifts, buy your spirits and wine now while they’re more affordable.

Tires

Food and drinks aren’t the only things going up in price. If you know or suspect you need new tires (or snow tires), now is the time to buy. That’s because the war in Ukraine and our old friend “supply chain issues” are creating an impending shortage of rubber. Tire prices are going to rise as the supply of rubber goes down.

Visit your local tire store for a tread check and if you’re close to needing new tires, get them now. Have them check the spare, too and replace it if necessary.

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