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For Canadian grocers, recent cauliflower woes should serve as a cautionary tale on buyers’ hypersensitivity to price.
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Cauliflower hysteria offers lessons for Canadian consumers

Food inflation is hammering consumers, but there are ways to reduce price pressure

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Food inflation is top of mind for Canadian consumers, with rampant claims about produce being grossly overpriced. And the latest consumer price index (CPI) report won’t calm Canadian shoppers any time soon, since food inflation stands at 4.1 per cent. That’s a significant contrast to the -0.4 per cent in food inflation reported in the
Livestock, Livestock Markets, News

Modest hog herd expansion boosts futures

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The U.S. hog supply increased at a modest rate this fall, with the litter size hitting a record high, the latest USDA quarterly report shows. The U.S. Department of Agriculture’s Dec. 23 quarterly hogs and pig report showed that an average of 10.02 pigs survived to maturity in the September-November period, up from 9.9 last
News

Modest hog herd expansion boosts futures

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The U.S. hog supply increased at a modest rate this fall, with the litter size hitting a record high, the latest USDA quarterly report shows. The U.S. Department of Agriculture’s Dec. 23 quarterly hogs and pig report showed that an average of 10.02 pigs survived to maturity in the September-November period, up from 9.9 last
News

Floods May Damage Quarter Of Thai Rice Crop

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Thailand may lose a quarter of its main rice crop in the nation s worst flooding in decades, the government estimates, which could boost prices of the staple and further squeeze shipments from the world s top exporter. The flood damage to rice comes at a time when Thailand, which accounts for about 30 per
News, Oilseeds

China’s Corn Rush To Redraw Global Food Landscape

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When China abandoned its soybean self-sufficiency quest almost 20 years ago and started importing the oilseed feeding its hunger for livestock, it almost single- handedly transformed the industry. Today, it s poised to do the same for corn. The world s most populous nation is expected to triple corn purchases next crop year and, by
Cereals, Crops

Global Food Inflation To Return After Brief Respite

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Red-hot food inflation that has vexed policy-makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already
Dairy cattle, News

No Room For Expansion

There is little chance to expand U.S. crop plantings even if land reserves are freed in the face of tight grain supplies, Agriculture Secretary Tom Vilsack said May 26. During a Senate hearing, Vilsack warned against cuts in agricultural research programs despite U.S. budget pressures and encouraged worldwide adoption of technology such as genetically engineered
Cereals, News

In Brief… – for May. 5, 2011

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First quarter:Maple Leaf Foods Inc., passed on rising food costs to consumers in the first quarter and posted a higher profit April 28. Maple Leaf said its profit margins on prepared meats rose because of its price increases, although it also reported some volume declines. The company, which sells its products under such brands as
Crops

Bangladesh Adopts Food Security Plan

Bangladesh has adopted a nearly $8-billion plan to ensure food security over the next five years, Food and Disaster Management Minister Muhammad Abdur Razzaque said April 2. “We have finalized the investment plan for our food security until 2015 and have full support from our development partners to implement it,” he told Reuters. The government

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