Yuri and Oleksiy, farmers wearing body armours and helmets, prepare for field work in Ukraine’s Zaporizhzhia region amid Russia’s invasion, on April 26, 2022. (Photo: Reuters/Ueslei Marcelino)

Worsening global food security needs Ukraine, Russia production, UN chief says

Abuja | Reuters — U.N. Secretary-General Antonio Guterres said Wednesday the problem of global food security could not be solved without restoring Ukrainian agricultural production and Russian food and fertilizer output to the world market. Russia’s invasion of Ukraine in February has added to volatility in financial markets, sending commodity prices higher and affecting logistics,

To set the stage, there have been nine periods of rising central bank rates in the U.S. since the late 1960s.

How widespread will interest rate fallout be?

Looking at economic history, the effects aren’t always dramatic

Take a moment to imagine what the world and your business would look like if interest rates were at four per cent — or even six per cent — instead of two per cent. Everyone has been talking about inflation and interest rates and yield curve inversions lately, so what does it all mean? While



The Bank of Canada has raised rates by half a percentage point and said more increases were coming to fight inflation.

Canada inflation surges to 31-year high

Inflation left analyst expectations in the rear-view mirror in March

Reuters – Canada’s annual inflation rate accelerated faster than expected in March, hitting a 31-year high amid broad price pressures, official data showed April 20, pointing toward another oversized rate hike from the Bank of Canada in June. The headline rate hit 6.7 per cent in March, well above analyst expectations of 6.1 per cent


…your current three or four per cent financings could turn into five, six, seven or even eight per cent borrowing costs over the next few years.

How high could interest rates go?

The consensus is they’re set to rise but many could be underestimating how much

There has been a lot of talk lately about inflation and what higher interest rates could mean for the markets, the economy and your investments. Are rising interest rates bad for stocks? How high can rates go? How will it affect my bottom line? And not just the investment side of your balance sheet but



Snowstorms, labour shortages, procurement problems related to some ingredients, or even packaging issues can affect perishable foods, pandemic or not.

Comment: Beware of ‘shelflation’

Compromised supply chains are increasing waste and costs

By now, you may have heard of a phenomenon called shrinkflation. Many companies will reduce quantities without changing the price by adjusting their packaging strategy. It’s been going on for years. It is the illusion of buying the same amount of product when it has in fact shrunk. But when supply chains aren’t working optimally,

Rising commodity prices, energy shortages, capacity constraints in manufacturing, errors in demand forecasting and rising interest rates are themselves all potential triggers.

Comment: Commodity prices likely to be hit by slowdown before end of 2023

The current price expansion is already getting a bit long in the tooth

Reuters – Prices for a wide range of commodities have climbed to their highest level for seven years or more as drillers, miners and farmers struggle to keep up with booming demand as the economy recovers from the pandemic. Energy prices are at the highest level since 2014 while non-energy prices are the strongest since


(Video screengrab from CBSA-asfc.gc.ca)

Vaccine mandate to lead to inflation, empty shelves, trucking executives say

Parallel mandate for U.S. entry starts Saturday

Ottawa | Reuters — Canadian consumers should soon see higher prices and some empty shelves in supermarkets and other retail outlets because of disruptions stemming from a COVID-19 vaccine mandate for cross-border truckers, top trucking executives warned this week. The mandate, imposed by Ottawa to help curb the spread of the virus, has cost six

Nearly 90 per cent of respondents in a recent survey said that food prices are increasing at a faster pace than their income.

Comment: Spooked Canadians at the grocery store have plans for 2022

Inflation is causing consumers to re-evaluate their food purchases

Since the year 2022 is here, it is time to reflect on what has happened this past year and anticipate what lies ahead. Food inflation obviously affected most food categories this year, which is why the last 12 months have been challenging for Canadians both at the grocery store and at restaurants. Canada’s Food Price