It's projected to be a strong year for dairy product makers, while meat product manufacturers' margins may be squeezed as rising prices fail to offset higher input costs, Farm Credit Canada (FCC) said in its new Food and Beverage Report.
Tag Archives food prices
Strong year predicted for Canadian dairy products, meat processors expect squeeze
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
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.
McDonald’s posts biggest US sales decline in nearly five years
International sales rise, driven by Middle East and Japan
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
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
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
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
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.
More food inflation predicted
Canadian food prices projected to rise three to five per cent in 2025, says national report
Canadian food prices are projected to jump another three to five per cent in 2025; raising the food bill for a family of four over $800, Canada’s Food Price Report says.
World food prices reach 18-month high in October, UN says
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.
Opinion: The times, they are a-changin’
Canada is undergoing a generational change, and that’s shifting consumer food choice
Millennials now outnumber boomers in our country, says Statistics Canada. As of July 1, 2023, the millennial population (born in 1981-1996), has surpassed baby boomers (born in 1946-1965) for the first time. Likewise, generation Z (born in 1997-2012) has surpassed generation X (born in 1966-1980) to become Canada’s third-largest generation and is projected to become
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