food prices Archives - Country Guide

An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. “The Middle East war is upending lives and livelihoods in the region and beyond. It has already triggered one of the largest disruptions to global energy markets in modern history,” said the World Bank, International Monetary Fund and the U.N. World Food Programme. Photo: REUTERS/Benoit Tessier

War is increasing food prices, insecurity say IMF, World Bank and UN food agency

By Andrea Shalal, Reuters April 8, 2026

Reading Time: 2 minutes The World Bank, International Monetary Fund and the U.N. World Food Programme warn that sharp increases in oil, natural gas and fertilizer prices triggered by the war in the Middle East will cause rising food prices and food insecurity.

Sales among food and beverage manufacturers are predicted to rise by 0.8 per cent while volumes fall by 0.7 per cent. Sales growth will likely be driven by higher prices, not higher consumption, FCC said. Photo: vgajic/Getty Images Plus

Markets, News

Food and beverage sales growth, volume decline predicted for 2026

FCC’s report suggests higher prices, not consumption, will drive growth in total sales

By Jonah Grignon April 1, 2026

Reading Time: 3 minutes Farm Credit Canada 2026 Food and Beverage report shows predicts rising sales and declining volumes among Canadian food and beverage manufacturers

In 2024, 55 per cent of Canadian fruit and vegetable preserving and specialty food were imported according to Farm Credit Canada’s 2025 food and beverage report. That category includes frozen and canned vegetables and fruit, pickling and drying. Photo: Juanmonino/Getty Images Plus

Crops, News

Canadian trade tribunal to examine imports of frozen, canned vegetables

By Dave Bedard, Geralyn Wichers March 16, 2026

Reading Time: 2 minutes Canadian officials will look into whether global imports of frozen and canned vegetables are threatening Canadian growers and processors.

The Bank of Canada has held its key policy rate at 2.25 per cent since October, as inflation stabilized around its two per cent target within a one to three per cent control range. The BoC will give some indication of inflationary pressures at its policy decision on Wednesday. Photo: Getty Images Plus

News, Reuters

Canada’s annual inflation rate eases to 1.8 per cent in February ahead of expected energy shock

By Promit Mukherjee, Reuters March 16, 2026

Reading Time: 2 minutes Canada’s annual inflation rate fell to 1.8 per cent in February, after prices in the same period a year ago had risen sharply when the government’s sales tax relief ended, Statistics Canada said on Monday.

Still-high inflation and rising cost-of-living has led Canadian consumers to try and tighten household budgets and save money, impacting their discretionary spending. Photo: Getty Images Plus

News, Reuters

Canada’s Loblaw misses fourth-quarter revenue estimates

By Reuters February 25, 2026

Reading Time: < 1 minute Canadian retailer Loblaw on Wednesday missed analysts’ estimates for fourth-quarter revenue, signaling consumers are turning cautious and more discerning in their spending pattern as tariff uncertainty hovers.

General Mills and other packaged food companies are under pressure as lower-income shoppers, hit hardest by persistent inflation, trade down to value brands and private-label goods. Photo: vgajic/Getty Images Plus

News, Reuters

General Mills cuts annual outlook as shoppers seek cheaper options

By Reuters February 17, 2026

Reading Time: 2 minutes General Mills cut its annual core sales and profit forecasts on Tuesday as the Cheerios cereal maker contends with a volatile economic backdrop and evolving consumer tastes.

Value-focused menus continue to attract budget-conscious diners, as fast‑food chains lean into affordability while pricier rivals struggle. Photo: Artem Zakharov/Getty Images Plus

News, Reuters

Burger King-owner Restaurant Brands beats fourth-quarter sales estimates

By Reuters February 12, 2026

Reading Time: < 1 minute Restaurant Brands reported fourth-quarter comparable sales above estimates on Thursday, helped by resilient traffic at its Burger King and Tim Hortons chains.

Canadian spent 10.8 per cent of their disposable income on food and beverages in 2025 compared to 10.7 per cent in 2024. Photo: Hispanolistic/IStock/Getty Images

News

Canadians worked first 39 days of 2026 to pay for year’s grocery bill says CFA

By Geralyn Wichers February 9, 2026

Reading Time: 2 minutes Sunday marked “Food Freedom Day,” the date by which the average Canadian household earned enough money to cover its annual grocery bill as per calculations from the Canadian Federation of Agriculture.

Fresh fruit and vegetables routinely cost at least twice as much in Canada as they do in Britain and elsewhere in Europe; a two-pound bag of carrots in Canada costs $2.21, compared to $0.95 in Britain and $1.18 in Germany, according to online retailers. Photo: Getty Images Plus

News, Reuters

Carney wins admiration globally but struggles to lower food costs at home

By Maria Cheng, Reuters February 5, 2026

Reading Time: 4 minutes Prime Minister Mark Carney has earned global admiration for openly declaring the end of a global order based on rules, but he has had far less success addressing a growing and more day-to-day concern at home: the rising cost of food.

In the 2025 budget, the government called food security a key factor in Canada’s agricultural competitiveness. Photo: Getty Images Plus

News

Federal food affordability measures, food security strategy announced

By Jonah Grignon January 26, 2026

Reading Time: < 1 minute The federal government has pledged to fund several measures aimed at strengthening food security and affordability.

Daily Network News

Canadian drought conditions improve in March

PMRA renamed as Pesticides Regulatory Directorate

U.S. deputy farm secretary to meet with Mosaic amid high fertilizer prices

Tag Archives food prices

War is increasing food prices, insecurity say IMF, World Bank and UN food agency

Food and beverage sales growth, volume decline predicted for 2026

Canadian trade tribunal to examine imports of frozen, canned vegetables

Canada’s annual inflation rate eases to 1.8 per cent in February ahead of expected energy shock

Canada’s Loblaw misses fourth-quarter revenue estimates

General Mills cuts annual outlook as shoppers seek cheaper options

Burger King-owner Restaurant Brands beats fourth-quarter sales estimates

Canadians worked first 39 days of 2026 to pay for year’s grocery bill says CFA

Carney wins admiration globally but struggles to lower food costs at home

Federal food affordability measures, food security strategy announced

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