Popcorn Prices on the Rise
Bad news for movie goers. No, there isn’t a new Pauly Shore movie coming out, worse. According to Reuters the cost of popcorn will be going up due to the drought conditions blanketing the midwest. “This is the worst season we’ve ever had,” said third-generation popcorn purveyor Mark Shew, who runs the family’s farm in Vigo County, Illinois. The report points out that it’s not just movie theater popcorn that will see the increase.
Retail prices have jumped this summer: from about $20 for a 50 pound bag to $30 or higher, said Tim Caldwell, owner of Pop It Rite, an Illinois-based popcorn industry expert and snack foods consultant. Wholesale prices have started to creep up, too, he said.
I guess if you think that the popcorn at movie theaters is outrageously overpriced now, just wait. Maybe that “small bag” isn’t so bad after all.