Ice Cream Prices May Go Up Due to Vanilla Shortage: Will You Still Be Buying?

by SodaHead News Posted 2012/04/03 23:00:00

Related Topics: Food, Vanilla, ice cream, vanilla bean, India, Mexico, Gas, Stocks, Gross, Budget, London, Market, Image, Living

Read More

490 votes
Read all 337 opinions
Lightning Report View Results and Demographics + View Demographics

Loading Demographics... Click an icon to see demographic results Display unknown and private
	Yes	328 votes	67%
	No	162 votes	33%

Ice cream prices could be on the verge of a price hike, The London Daily Telegraph reports. The problem? Vanilla pod shortages. Apparently production is down worldwide, from India to Mexico, leading to grim predictions for the ice cream eaters of the world. Vanilla prices are already up from $25 per kilogram to nearly $40 a kilogram, but so far ice cream producers are taking the hit.

Nick Peksa, a Mintec market analyst, thinks it will affect ice cream across the board. He explained, "The stocks in the world are being run down, and we are getting to a point now where we are likely to see the price suddenly shoot upwards. It is the most expensive ingredient in ice cream production per kilogram, so it is highly likely that some producers will not be able to absorb the extra cost. It could push the price of ice cream up by around 10 per cent." Will the potential price hike keep you from buying ice cream this summer?

+23

Add a comment above

Sterling 2012/04/03 23:58:20

Yes

+8
Let's face it... icecream during the spring and summer is an inelastic good.
>> See Replies

More polls by SodaHead News

Ryoka∞Boy 2012/05/24 12:55:07

No

I never liked vanilla to begin with.

reply
if3000 2012/05/23 06:35:35

No

chocolate is in

reply
White Fang 2012/05/08 22:45:34

Yes

I don't buy ice cream very much, but when I do, it's always vanilla! Prices rising won't stop me from buying!

reply
redhorse29 2012/04/08 21:13:27

Yes

I buy ice cream so seldom the price is not a concern since it is a solution to an impulsive urge not a need.

reply
Evelyn 2012/04/07 05:50:45

Yes

+1
I'm Australian. They have enough vanilla here... I grow it.

reply
Djanet to Evelyn 2012/04/30 02:35:10

lucky luckyyyy

reply
Bill 2012/04/07 02:10:51

No

+1
I say No, but if the price does not go too much higher, a slight increase will not stop me from buying, but a steep price raise, then I'll find some other treat to tantalize my taste buds. There is always an alternative, try Yogurt. If it comes to either Ice Cream or Gas, then I'll have to choose Gas, and I'll cut out Ice Cream.

reply
Ken 2012/04/06 04:18:28

No

+1
It keeps rising, too expensive.

reply
jackolantyrn356 2012/04/06 02:00:26

Yes

And who created the Vani;;isa shortage? It was never been before until Obama

reply
dmeyen 2012/04/05 22:45:19

Yes

Upsurd. I was at Costco last weekend and actually bought some pure vanilla extract because we ran out. 12 oz bottle $8.00. I think I paid $5 or 6 bucks for the tiny bottle (3 oz?) of Schilling vanilla extract last year. In my estimation, the price has gone down. Costco had pallets and pallets of the stuff. Who knows, maybe they cornered the market.

reply
Get Bashed 2012/04/05 22:34:32

No

No more than I used to anyway, which was rare! Is there also a shortage on artificial vanilla?

reply
Julian 2012/04/05 22:34:03

Yes

+1
For the amount of ice cream I eat, it could double in price and I wouldn't care.

reply
Watching closely 2012/04/05 21:49:18

No

I will switch to some other flavor.

reply
Djanet to Watchin... 2012/04/30 02:33:56

bt wat if the others get prised up toooo

reply
Proggy 2012/04/05 21:39:48 (edited)

Yes

+2
I'm addicted!

reply
Cheryl ... to Proggy 2012/04/06 16:40:41

+2
Homemade Vanilla is the (THE) only ice cream I buy or will eat! Long live Blue Bell!

reply
Paula 2012/04/05 21:33:44
addie 2012/04/05 21:31:40

No

+1
If I was not Vegan, I would not be influenced by the price because I always loved Vanilla and life is short (thank heavens), so why begrudge oneself?

reply
Julian to addie 2012/04/05 22:45:19

+1
Eating vegan doesn't make your life longer, it just makes it feel longer. ;)

reply
addie to Julian 2012/04/06 05:08:52

+2
I am not Vegan for my health and that is not such a new joke and I always liked meat,
(I was not always Vegan), but that picture still looks pretty gross to me. So suck it! lol

reply
Julian to addie 2012/04/06 05:50:05 (edited)

+2
lol

reply
Djanet to addie 2012/04/30 02:32:52

lmfo

reply
Heisenberg 2012/04/05 20:37:26

Yes

+1
Yes, I'll still be buying. Somehow I wouldn't put it past the conservatives to try and blame all this on Obama just like the gas prices over which he has no control.

reply
addie to Heisenberg 2012/04/05 21:33:41

+1
You sure called it! They do throw in digs at the Prez even when he has nothing to do with the topic at hand. lol

reply
Heisenberg to addie 2012/04/05 21:38:52

Nice of you to notice. That's my modus operandi. I call it like I see it. =)

reply
Bill to Heisenberg 2012/04/07 01:04:03

You are wrong if you think that Obama has no control over the gas prices, and iis not to blame. Maybe not totally to blame, but he shares some of he blame, since gas prices have more than doubled on his watch. He could authorize the Keystone Pipeline, and open up more drilling areas that have proven reserves, and allow drilling in Taboo areas, and this alone would psychologicallyaffect the oil prices that the MidEast is charging us. There are other things that he could do, but he wants the prices to go up and reach what they are in Europe, that's his goal.

reply
Heisenberg to Bill 2012/04/07 06:35:48

The Keystone Pipeline was also going to be built along the Ogalalla Aquifer and risk contaminating the water supply there. Not to mention domestic oil production has already quadrupled under Obama. If gas prices in America matching that of Europe will be what it takes for us to make green energy and green cars, then so be it.

reply
Djanet 2012/04/05 19:43:50

No

Vanilllas my favoriteeeeee :) bt if the pricess go up i might as well give up on it because i'm not wealthy you know and its just a treat i'll hav to give up on no big deal{noooo its a BIG DEAL bt you kno wat they say hold on if you can bt you hav to let go birds got to fly so you must let them fly away} i'll miss you lovie dovie bt i must let you free now :(

reply
Michelle 2012/04/05 18:46:34

Yes

+1
Duh! Of course! I've paid my dues and will get my rewards! :)

reply
Tigger Too 2012/04/05 16:27:28
RoyDMercer - IFOTFD 2012/04/05 16:13:57

No

+3
If ice cream goes up, the gas industry will think it is justified to raise gas prices more too, right?

reply
Djanet to RoyDMer... 2012/04/30 02:29:21

+1
i did say so too =[

reply
NinjaMonkeyz94 2012/04/05 15:53:44

Yes

+5
:'c i still love you Ice Cream! I assume this is just another test of love in our relationship. But i tell you darling, I will never let you go! You are my one and only! Forever and Always!!<3 (p.s.-If this is about me messing around with Frozen Yogurt the other day, I swear to you, itll never happen again!)

reply
Michaelene to NinjaMo... 2012/04/05 16:49:26

+3
love it!

reply
Djanet to NinjaMo... 2012/04/05 19:37:37

+1
awww thats cute and funnny lol

reply
NinjaMo... to Djanet 2012/04/23 13:30:59

+1
x3 heheh thank you

reply
Djanet to NinjaMo... 2012/04/30 02:30:53

+1
ya welcome heeheehee ;)

reply
NinjaMo... to Djanet 2012/05/16 15:45:59

;D

reply
unreligious 2012/04/05 15:40:29

Yes

+2
I clicked yes although I rarely eat ice cream. I do however use vanilla in all kinds of desserts and baked goods. So while the price of vanilla is going up, I will continue to buy it as either beans or extract.

reply
wulfsong 2012/04/05 15:36:31

Yes

+4
If we stop buying everything that is going up in price then we will stop buying, well....everything.

reply