Reading Time: 2 minutes Reuters — Canada’s competition watchdog said on Monday it would examine factors impacting soaring food prices and whether more competition in the grocery stores sector could help lower costs for Canadians. Price rises for store-bought food have been outpacing the broader annual inflation rate for 10 consecutive months, and grew 11.4 per cent in September, […] Read more
Competition Bureau to probe soaring food prices
Retail food prices seen outpacing inflation
Loblaw beats estimates for quarterly revenue
Reading Time: < 1 minute Reuters — Canadian retailer Loblaw Cos. beat market estimates for quarterly revenue on Thursday, as demand for groceries and other essential items stayed strong. The pandemic-led trend of cooking at home has sustained even as COVID curbs have eased, continuing to help sales at grocery stores that benefited during last year’s lockdowns. Companies such as […] Read more
Panicked shoppers clear out flood-hit B.C.’s grocery stores
Reading Time: 2 minutes Reuters — Shoppers in British Columbia have emptied grocery shelves following catastrophic flooding, although the shortages are as much down to panic buying as disrupted supply chains, industry associations said on Thursday. Even as flood waters start to recede, some parts of the province are expected to face to temporary shortages of dairy supplies, with […] Read more
Industry-led code of conduct for food retailers on horizon
Fees create 'uncertainty' for producers, processors
Reading Time: 2 minutes A report from a federal-provincial working group says the retail sector has levied an increasing number of fees on suppliers, and is proposing the formation of a code of conduct as a potential solution. Canada’s agriculture ministers are now calling on industry to lead the process. They had formed the working group to study the […] Read more
Beyond Meat lines up Canadian patty co-packer
U.S. company launches 'latest iteration' of burger line
Reading Time: 2 minutes One of the names tied closest to the plant protein-based meat substitute sector has enlisted an unnamed Quebec operation to make its beef-similar patties for the Canadian retail market. Los Angeles-based Beyond Meat on Wednesday launched the “latest iteration” of its flagship Beyond Burger, billed as “produced locally at a co-manufacturing facility in Canada” and […] Read more
Federal surplus food program now taking applications
Qualified NGOs sought to move, distribute perishables to 'populations in need'
Reading Time: 3 minutes A federal program to get food to those who need it, using stockpiles of perishables created by the COVID-19-related shutdown of the dining sector, is now taking applications. The $50 million Surplus Food Rescue Program — which Prime Minister Justin Trudeau telegraphed in a funding announcement May 5 — will take applications from “organizations addressing […] Read more
Agri-food tech expected to be a post-pandemic growth industry
Ag, food sectors may seek out more e-commerce, labour-saving tools
Reading Time: 3 minutes Ottawa — A researcher at the University of Guelph says the COVID-19 pandemic will spark agility – particularly related to technology – in agriculture. “(The pandemic) has re-emphasized the need to get access to some of the technology that exists in other sectors and are not easily accessible in agri-food systems,” said Rozita Dara, an […] Read more
Lots of flour to go around, millers’ association says
System is 'doing extremely well' and should have no problem keeping up with demand, CNMA's Gordon Harrison says
Reading Time: 2 minutes The grain supply chain is working as it should during the COVID-19 pandemic, says the president of the Canadian National Millers Association. “From the milling industry vantage point, the movement of grain from farm to the producer to the elevator systems to mills is doing extremely well,” Gordon Harrison said Tuesday. “The grain supply chain […] Read more
U.S. livestock: Hog, cattle futures rise on cash market strength
Reading Time: < 1 minute Chicago | Reuters — U.S. livestock futures rose on Friday on a spate of technical buying as the market tried to recover from its steep discount to the cash market, traders said. Strong demand from consumers at grocery stores due to worries about the coronavirus underpinned the gains. “They want to have as much meat […] Read more
U.S. livestock: Cattle, hogs rebound with grocery demand in focus
Reading Time: < 1 minute Chicago | Reuters — U.S. livestock futures rose on Thursday, part of a broad recovery in the agriculture markets stemming from a rebound in crude oil prices and export hopes, traders said. Strong demand for meat in the retail sector underpinned the gains as the industry scrambled to restock grocery stores as the coronavirus pandemic […] Read more
A message from April Stewart, Country Guide's Associate Editor
