Upward Price Pressure at the Start of Soup Season

On 6 October 2021, we took snapshots of the sale prices of the iconic 10.75 oz can of Campbell’s Condensed Tomato Soup at several major grocers around the United States. Shoppers are seeing upward price pressure in the first week of soup season in the U.S.

That pressure is most visible at Amazon, which we’ve presented in the following screen shot along with Microsoft Edge’s records of its recent price history at the online retailer:

Here’s a summary of prices at other retailers, ranked from high to low:

• Amazon: $1.67
• Safeway: $1.49
• Walgreens: $1.49 (discounted to $1.25 with purchase of 2 cans)
• Meijer: $1.09
• Albertsons: $1.00
• Kroger: $1.00
• Target: $0.99
• Acme: $0.98 (discounted from $1.29)
• Walmart: $0.98

If you happen to live near one of the 248 Meijer grocery stores in Wisconsin, Illinois, Indiana, Kentucky, Michigan, or Ohio, you should move quickly this week to take advantage of the chain’s sale on Campbell’s Condensed Tomato Soup, where they’ve discounted the price from the $1.09 we indicated above to just $0.79 per can from Sunday, 10 October 2021 through Saturday, 16 October 2021.

You should also know it’s not just Campbell Soup’s prices that are seeing upward price pressure. Consumer prices for food products will be rising across many producers, including ConAgra, Kraft Heinz, and PepsiCo, to name just three major food producers in the U.S. who have announced more price hikes are coming for their products in since the start of October 2021.