Food prices in Canada likely to increase by 3 to 5% next year: report
Wild cards like climate change and Donald Trump could have unforeseen impacts on food prices in Canada, according to a newly released report Thursday. …
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Tag: Food Prices
Shortage of cattle behind recent jump in beef prices, industry says
The shrinking size of Canadian cattle herds means consumers are being forced to dig a bit deeper into their pockets when they visit their local butcher shop. …
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Zelensky Warns of Global ‘Food Crisis’ as Ukraine Conflict Rages on
ADVERTISEMENT Ukrainian President Volodymyr Zelensky warned of a global “food crisis” stemming from the ongoing conflict in Ukraine. Russia and Ukraine account for roughly 30 percent and 20 percent of global wheat and corn exports respectively, according to the Daily Times. Zelensky urged Western nations to help with getting blockaded Ukrainian ports back open in […]
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U.S. Producer Prices Surge 11%, Exceeding Expectations
U.S. producer prices spiked 11% in April when compared with the previous year, a figure that was worse than expected. Food and shipping costs continue to add to the inflation burden on consumers and producers, which is expected to continue for the next several months at least. The Labor Department said Thursday that its producer […]
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Global Food Prices Have Increased by 20% Since Last Year
The Food and Agriculture Organization of the United Nations (FAO) released its report on worldwide food prices for February and found that prices hit a record high last month. The February FAO Food Price Index reached a new high of 140.7 points, which reflects an increase of 3.9% from January. The index has increased by […]
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