Reading Time: 2 minutes Pork consumption in Canada dropped sharply in 2024 as price inflation reduced its appeal as a budget-friendly protein, Farm Credit Canada said in a recent report.
Tag Archives food prices
Canadian pork consumption saw sharp drop in 2024
Reduced demand a challenge for an industry facing U.S. tariffs and recovering from recent low revenue years
McDonald’s posts biggest US sales decline in nearly five years
International sales rise, driven by Middle East and Japan
Reading Time: 2 minutes McDonald's posted a steeper-than-expected drop in quarterly U.S. comparable sales on Monday, as demand took a hit from a brief E.coli outbreak while diners remained watchful of their spending.
Competitive retail prices bode well for chicken demand in 2025 says FCC
Demand projected to grow despite slowing or even shrinking Canadian population
Reading Time: 2 minutes If chicken’s retail price advantage over beef and pork persists, per capita consumption could rise in 2025 despite slowing population growth says a recent sector outlook from Farm Credit Canada.
World food price index eases in Dec, pushed lower by sugar
Reading Time: < 1 minute The United Nations' world food price index dipped in December against November levels, led lower by a drop in international sugar quotations, but still showed a robust gain year-on-year, data showed on Friday.
Conagra trims profit forecast as higher inflation, promotions to dent margins
Reading Time: 2 minutes Conagra Brands on Thursday joined rival General Mills in trimming its annual profit forecast and warning that price cuts on its products across grocery, snacks and frozen food items to spark demand will weigh on margins.
World food prices reach 19-month high in November, UN says
Reading Time: < 1 minute The United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months on the back of surging vegetable oil prices, data showed on Friday.
World food prices reach 18-month high in October, UN says
Reading Time: 2 minutes World food prices rose in October to an 18-month high as vegetable oils led increases seen in most food staples, United Nations' data showed on Friday.
Farmers are losing the perception battle on food prices
[Make It Count: The Battle] No wonder consumers are confused. One moment we say the carbon tax will drive up the cost of food. The next we say it can’t
Reading Time: 6 minutes Like many farmers I am worried about the the misunderstandings the general public has about farming and where their food comes from. This concern has prompted me to spend many hours in classrooms talking to students about agriculture. For a number of years, I was a regional co-ordinator for the classroom agriculture program arranging speakers […] 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
Reading Time: < 1 minute 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
Reading Time: 3 minutes 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.