News on Food Prices from Canada

Canadian Produce Marketing Association (CPMA) recognizes the attempt by the federal government of Canada to alleviate the impact of rising food prices in Canada via the October 5th announcement.

The increase in food prices is the result of a ripple effect throughout the supply chain. Farmers and producers experienced sharp rises in the prices of essential inputs like feed, fuel, and fertilizer, leading to a 16.1% increase in their operating expenses.

More than 2 Canadians in 5 have changed their behavior to save money at the grocery store compared to 2020. Food inflation has been a source of concern for many Canadian consumers for a while in Canada.

COVID-19 has shaken the whole world-impacting society and the global economy similar to the effect of a world war.

El norte de Europa siembra cada vez más papa. Pero cuando hay mucha producción, los precios bajan. Para evitarlo, las organizaciones de productores desarrollaron un sistema que revela si hay excedentes y examina las posibilidades para absorberlos.

Esta iniciativa de la Organización de Información de Mercados de las Américas (OIMA) con el apoyo de la Agencia para el Desarrollo Internacional de Estados Unidos (USAID), coloca a disposición de productores y entidades vinculadas con el desarrollo de los países, un sistema de consulta rápido, dinámico y sencillo que integra y administra la información de productos agrícolas de importancia en Centroamérica, República Dominicana y Panamá.

The softening Canadian dollar has in many cases driven up the cost of imported produce and this is being reflected in grocery store prices. However, one staple vegetable that has not experienced the same jump in prices is Prince Edward Island Potatoes.

Most (84 per cent) Canadians believe the food they typically purchase has increased in price over the past year, according to the quarterly RBC Canadian Consumer Outlook Index (RBC CCO).