Canadian consumers have dramatically changed their grocery-buying patterns in the past year as food prices and housing inflation have squeezed their budgets. Demand and product changes in the food supply chain will affect farm commodities. Grocery store sales are down in Canada, even with product value inflation, which means less demand for farm products. Why […] Read more
Tag Archives food prices — page 2
Consumer food-buying behaviour changing rapidly
Inflation-strapped buyers turn to more discounts, cut their food-buying budgets
Report sees lower Canadian food inflation through 2024
Project lead Sylvain Charlebois sees return to inflation “sweet spot” by year-end
Glacier FarmMedia – Canadian food prices are expected to rise between 2.5 and 4.5 per cent in 2024, according to a new report. “It is probable that Canadians will continue to experience the strain of food inflation compounded by increasing costs of housing, energy and various other expenditures,” says Canada’s Food Price Report 2024, an […] Read more
World food price index ends 2023 some ten per cent below 2022 levels
Cereal prices, vegetable oils slumped most over the year, FAO says
The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 118.5 points in December, down 1.5 per cent from November and 10.1 per cent below December 2022 levels.
Canadian food inflation to slow through 2024, report says
More certainty has brought an uptick in grocer promotions, but consumers are struggling
Canadian food prices are expected to rise between 2.5 and 4.5 per cent in 2024, according to a new report.
“It is probable that Canadians will continue to experience the strain of food inflation compounded by increasing costs of housing, energy and various other expenditures,” according to Canada’s Food Price Report 2024.
Editorial: Concern over grocery prices no joke
The issue of soaring grocery prices was the subject of a hilarious skit on the Canadian comedy television show This Hour has 22 Minutes earlier this month. In the skit, a woman is seen going up to a cash register at a grocery store with a basketful of ingredients for a charcuterie board, which she […] Read more
Canadians trust farmers despite high food costs — for now
How farmers have maintained, and could risk, public trust
Rising food prices have been drawing the ire of the Canadian public, but the bulk of that frustration and anger is not directed at farmers. Not yet, at least. Food retailers are viewed unfavourably, but farmers remain one of the most trusted demographics in the food system. That trust is at risk. Why it matters: […] Read more
Opinion: If we can’t afford groceries, why are sugary drinks booming?
Glacier FarmMedia – I go to Tim Hortons about three times a week, mostly for coffee and an egg sandwich and sometimes an Old Fashioned plain doughnut. I’m not alone in this habit. About 5.3 million Canadians visit a Tim’s every day, using stats from the Tim Hortons website. I prefer coffee, but a sizable […] Read more
Comment: How the food subsidy system is failing northern Canada
Grocery retailers are benefiting from food subsidies and that’s a problem
Soaring food prices, growing profit margins and record-high profits in the food industry have severely impacted the lives of many Canadians. According to Innovation, Science and Industry Minister François-Philippe Champagne, Canada’s largest grocery chains recently agreed to work with the federal government to stabilize prices. But for Canadians living in remote northern communities, food affordability […] Read more
Editorial: Food and politics don’t mix
I admit that I snickered a little at the prime ministers’ ultimatum to Canadian grocers last month, demanding they find a way to stabilize grocery prices. Faced with consumer backlash over the rising cost of food, it’s no surprise that politicians feel pressured to do something. But the prime minister’s demand shows us that politicians […] Read more
Anxiety over cost of food on the rise: CCFI
Food companies increasingly blamed for prices; farmers seen as highly trustworthy
When asked which life issues they were most concerned about, 54 per cent flagged the cost of food as a top concern—up from 51 per cent last year, the report said.
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