The latest survey of Canadian grocery from Dalhousie University's Agri-Food Analytics Lab habits shows food prices are still impacting how consumers buy their groceries.
Food cost cuts deep in consumer food report
Food and beverage sales to fall in 2024; processor margins to improve
Stabilizing or declining input prices working their way through the supply chain, FCC says
Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.
Consumer food-buying behaviour changing rapidly
Inflation-strapped buyers turn to more discounts, cut their food-buying budgets
Reading Time: 4 minutes Glacier FarmMedia — 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 […] 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.
Opinion: Let’s give the grocery theatrics a rest in 2024
Grocers made convenient punching bags, but that’s not how solutions are found
Reading Time: 2 minutes In an era when food inflation has become a contentious political issue, it’s tempting for politicians to target the grocery industry. Sadly, that’s exactly what transpired in our country this year, and it was both absurd and embarrassing. The government and Parliament relentlessly hounded grocers, drowning out the opportunity for Canadians to truly comprehend the […] Read more
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.
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