WASHINGTON/REGINA — U.S. prices may rise next year for avocados, strawberries and other fresh produce, and consumers could face shortages, if president-elect Donald Trump follows through on plans to slap tariffs on goods from Mexico and Canada, agricultural economists and industry executives say. Mexico and Canada are by far the top two suppliers of farm […] Read more
Tag Archives food cost
Talking turkey about the actual cost of a holiday meal
A recent news story about the cost of an American Thanksgiving meal that triggered a social media response was interesting in several ways. It highlighted the public’s continuing concern with food inflation as well as its misunderstanding of how news operations work. Granted, this was a social media squall, not a storm, but it was […] Read more
Just how expensive is U.S. food compared to other categories?
Nearly every autopsy of Vice-President Kamala Harris’s stinging White House defeat begins with some variation of the phrase, “voters pointed to the rising price of food as their chief concern…” True or not — and more on that later — the Trump campaign tied that tin can so tightly to Harris that everywhere she went […] Read more
Food cost cuts deep in consumer food report
Glacier FarmMedia – A new bi-annual report from Dalhousie University’s Agri-Food Analytics Lab reveals that food price inflation is forcing Canadians to significantly alter their shopping habits. The Canadian Food Sentiment Index: October 2024, released Oct. 10, is based on responses from more than 3,000 Canadians. Food prices have increased 27 per cent since 2019, […] Read more
Inflation fight must walk tightrope amid consumer anger
Like giant cargo ships, the big economies of the world have sailed through stormy seas for several years and finally calmer water might be ahead, but the crews are in a foul mood and are not about to salute their captains. In Canada, the United States and elsewhere, the chaos from COVID-19 and the Russian […] Read more
BLOG: If Canadians can’t afford meat and vegetables, why are sugary drinks booming?
Given their willingness to spend money on non-essential items, but not on food, many Canadians might believe that profits shouldn't exist in the food value chain, that farmers, processors, manufacturers and food retailers should provide cheap and high quality food and then reap a one percent return for their work. That sort of perception is a large problem for the agri-food sector, now and into the future.
Ottawa, grocery execs discuss food inflation
Critics said a meeting between government and grocery executives Sept. 18 was unlikely to result in lower food prices for Canadian consumers. Prime minister Justin Trudeau called the retail leaders to Ottawa, asking for a plan to combat food inflation and suggested taxes could be imposed if price hikes weren’t dealt with. Speaking Sept. 14, […] Read more
Grocer CEOs reject blame for food inflation
OTTAWA — Grocery executives summoned to the standing committee on agriculture last night defended their profits, saying margins are thin. “We are not profiting from inflation,” said Michael Medline, chief executive officer of Empire Foods, which operates Sobeys, Freshco and other chains. “It is simply not true.” Loblaw CEO Galen Weston insisted the profit at […] Read more
World food prices climb in November, stay at 10-year peak – FAO
ROME, Dec 2 (Reuters) – World food prices rose for a fourth straight month in November to remain at 10-year highs, led by strong demand for wheat and dairy products, the U.N. food agency said on Thursday. The Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded […] Read more
