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Food and beverage sales to fall in 2024; processor margins to improve

Stabilizing or declining input prices working their way through the supply chain, FCC says

Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.



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Canadian food inflation to slow through 2024, report says

More certainty has brought an uptick in grocer promotions, but consumers are struggling

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.

Vertical farming and other technologies will play a greater role in the future but mass production broadacre farms will be necessary to feed the world. Photo: istock/getty images/JohnnyGreig

Winds of change are blowing in food production system

Vertical farming, gene editing and cellular agriculture innovation will address consumer needs

Agricultural innovation and exponential growth will be necessary to meet environmental and consumer-driven market needs, according to Nourish Marketing Network’s 2023 Trends Report. In the past year, climate change came to the forefront, food inflation reached historic heights and consumers demanded action from brands, said Jo-Ann McArthur, Nourish Food Marketing president and lead author of


Frito-Lay products are made in Canada, using Canadian potatoes grown by Canadian farmers.

Comment: War on potato chips just the tip of the iceberg

This is all about the balance of power in the grocery retailing system

We recently learned that Frito-Lay, a brand owned by giant PepsiCo Canada, opted to stop selling to Loblaws after the retailer refused requests by Frito-Lay to increase their prices. Food manufacturers, when selling products to grocers, have suggested retail prices. With low profit margins, labour shortages, packaging issues and supply chain woes, inflation has been

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What StatsCan and Loblaw numbers are really telling us

While food prices are rising, a newly competitive food retailing landscape makes increasing margins difficult

Recent StatsCan numbers indicate that grocers are in trouble. Food inflation is now above two per cent for the first time since April 2016. This is typically good news for grocers as it gives more room for them to increase margins. But given major headwinds affecting the industry, grocers will need to get even more



A sandwich built to this level of perfection could fetch quite a price premium in 2017.

Average Canadian family’s food costs could rise $420 next year

Low Canadian dollar makes imported food far more expensive, causing an increase well above the rate of inflation

Canadians will pay more to put food on their tables in 2017, according to Canada’s Food Price Report 2017. The report, from Dalhousie University, forecasts a rise in food prices between three per cent and five per cent higher than last year’s increase and considerably higher than the general inflation rate. For the average Canadian