chocolate

When gas prices drop, people buy chocolate

Twenty per cent of gas bar customers also stock up on treats

U.S. chocolate demand may have received an extra boost from an unlikely source this Halloween: the U.S. shale revolution. With an abundance of crude oil due to the country’s fracking boom pushing average U.S. retail gasoline prices to their lowest in four years, consumers have spare change to buy sweets at gas station stores, Hershey

U.S. pork stocks balloon as prices curb appetites

Reuters / High meat and gasoline prices have curbed consumers’ appetite for pork, which caused the meat to pile up in warehouses last month, analysts said March 22. That February pork supply was up seven per cent from the previous month, and up nine per cent from a year ago, the data showed. “This confirms


Tyson Foods: High gasoline prices threaten beef demand

washington / reuters / U.S. consumers may try to save money by eating less meat if they continue to feel the pinch of high gasoline prices, the chief executive of Tyson Foods said Feb. 24. “People want meat… but it’s getting pretty expensive,” CEO Donnie Smith told reporters at an agricultural conference in Washington, D.C.



NFU Seeks Excise Tax Rebate On Retail Fuel

The National Farmers Union says farmers should be able to buy their excise tax-free diesel at retail pumps and receive an 11.5-cent-per-litre rebate later. The NFU made the request in a letter to Agriculture Minister Rosann Wowchuk. Wowchuk was hesitant to comment on the request last week having not yet received the letter. “But the