Exclusive: Even hot dogs, burgers and deli meats will soon get more expensive
CNN
Shoppers are already taking a hit at the grocery store. Soon, even their cheapest meat options will get more expensive.
Tyson Foods (TSN), Conagra (CAG) and Kraft Heinz (KHC) have notified their retail customers in recent weeks that they will raise prices in January for some frozen and refrigerated meats. Products that will see increases include Ball Park hot dogs and burgers, State Fair corn dogs, Jimmy Dean frozen breakfast, Hillshire Farm sausage and lunch meat, and Hebrew National and Oscar Mayer hot dogs, according to supplier letters to wholesale customers viewed by CNN Business.
"All the packaged meat suppliers are coming to the price increase party," said a leader at one regional distributor to stores who spoke on the condition of anonymity to protect their company's relationship with suppliers.
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