The last thing most people think about during the dog days of summer is popcorn prices…but soon that may be the topic of discussion.
The heavy drought in the Midwest this year left corn fields and farmers struggling.
Ears were left very small causing a ripple effect on the popcorn industry.
National statistics show as a result of the dry spell popcorn prices rose from $20 per 50 pound bag to $30.
Irwin Daniels knows about that price spike.
He owns Poparazzi in Houston.
The gourmet popcorn shop boosts more than 200 different flavors of the snack.
Daniels says as a result of the drought he’s seen his supplier increase his prices.
He says the spike in his pocket has been from $24 to $31 per 50 pound bag.
Daniel says that left him with no other choice but to raise his prices to customers at his Reliant Stadium area store.
But the businessman says he doesn’t anticipate increasing his prices again any time soon.
However, Daniels says he expects moviegoers may also see an increase at the cinema where popcorn is king.
Have you noticed an increase in the amount you pay for your popcorn?