Attention all shoppers: Grocery prices are continuing to plummet

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Attention all shoppers: Grocery prices in the U.S. have been plummeting for almost a year now.

Which is great news for the average consumer, but not so great for the people actually producing and distributing the food.

According to the U.S. Department of Labor, grocery store staples are significantly cheaper now than they were in 2015.

The average price of a dozen eggs dropped a little more than a dollar.

A gallon of milk is about 40 cents cheaper.

And a pound of ground beef is down about 50 cents.

Here's why: The U.S.' food supply has continued to grow, but demand for those products overseas has declined.

This is especially true in countries like China, where the American dollar is continuing to get stronger, making goods from the U.S. even more expensive.

SEE MORE: The US Government Just Bought $20 Million Worth Of Surplus Cheese

As a result, American shoppers are enjoying what could be the longest streak of falling food prices in 50 years.

And they're not complaining.

"Definitely less painful to go to the store. I would say I can save anywhere from about $25 to $50 sometimes on my grocery bills in comparison to last year," one woman told CBS.

But while consumers happily stock up at the store, supermarkets and farmers are getting hit where it really hurts — their wallets.

Grocery stores are facing in increase in food deflation, which has sparked what analysts are calling a "price war" among them.

And farmers are getting less for their milk, cheese and cattle.

Experts say food prices could continue to drop until the end of 2016.

But not every product is getting cheaper — some fruits and vegetables have actually gotten pricier this year thanks to a drought in California.

Related: Also learn ways to slash your grocery bill:

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12 ways to slash your grocery bill
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12 ways to slash your grocery bill

Buy in bulk
Even if you don't think you need a bulk amount of an item, you can always find a way to use it, especially if it's a dry good or item you can store for a long time. It'll save you down the road.

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Memorize rock bottom prices
You may have to jot down the prices you pay for certain items a few times before you can gauge the maximum price you should pay every time you shop for that item.Eventually, you'll commit it to memory.

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Research specific stores' policies
Certain grocery stores will price match or honor deals from other grocery stores, while some might have certain designated deals on different items on certain days of the week. Research before you shop.

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Buy a mix of name brand and generic brand products
For dry goods and condiments, stick to generic brand. For products like meat and dairy, stick to a brand you trust.

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Skip out on anything prepared, pre-packaged or pre-sliced
It's almost always more expensive than buying bulk ingredients and using them to prepare on your own. 

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Leave the kids at home (if possible)
"How did eight boxes of fruit snacks get into the cart?"

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Don't buy boneless chicken or meat
It will cost you the price of the meat plus the cost of preparation. Buy with bone-in and prep the meat yourself.

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Take advantage of "buy one, get one" deals
Especially if they're items like meat or bread, which can be frozen and stored for quite a while.

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Plan meals around when things go on sale
Instead of planning out your meals for the week and shopping for the appropriate ingredients, figure out when certain items go on sale, buy them and plan your meals around those ingredients.

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Look at the unit price
It's possible, for example, that buying two boxes of 10 granola bars is cheaper than buying one box of 20, based on the price per unit.

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Look up, then look down
Grocery stores tend to stock their most expensive items at eye-level. Look at the top and bottom rows for cheaper items.

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Skip out on personal care items
Your best bet for these kinds of items is drugstores.

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