Category: Uncategorized
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Chocolate Prices to Rise as Cocoa Beans Trade at Record Levels
Cocoa prices surged to a 44-year high on Monday as global shortages boosted costs for chocolate makers and contracts for March deliveries are trading at prices not seen in a century due to a poor outlook for crops and a third straight year of global supply deficits. The World Bank…
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Grocery Lists Before and During the Pandemic
It is a big deal for some of us when Statistics Canada publishes it biennial “Detailed food spending, Canada,” report, the result of year-long surveys of 15,000 Canadians regarding their purchases of 257 food and beverage items over the course of 12 months. The latest report came out in mid-October…
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Where We Shop and Dine Reveals Our Food Inflation Stress
Canadians are visiting discount stores more often as food price inflation strains grocery budgets. A September survey for the Agri-Food Analytics Lab at Dalhousie University in collaboration with Caddle interviewed 5,000 Canadians about changes they have made in their shopping habits within the last year. While it is interesting to…
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International Trade Keeps Us Honest
Canada’s manufacturing sector employed 1.6 million people in July 2023 and 300,000 (19%) worked in flour mills, dairies, wineries, and other food manufacturing plants. Export markets account for 35 % to 40% of our markets for food and beverages (37% in 2022) so roughly 100,000 jobs depend on international trade.…
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Food Inflation – Similar but Different than 20 years Ago
Monday, October 16, 2023 We have not seen food price inflation like this in almost a generation and even then, when food prices rose, year-over-year by 11 % in 1980, 11% in 1982 and 7% in 1983, Canadians were less upset than now because food price inflation was no worse…
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