Inflation Archives - Page 14 of 19 - Manitoba Co-operator

The latest Canada’s Food Price Report predicted overall food prices would rise five to seven per cent in 2022, the highest predicted rise in the 12-year history of the report.

Processors, retailers to blame for food prices, not farmers, says NFU

NFU interpretation of price data, call for reduced consolidation is misguided, say analysts

By Geralyn Wichers January 14, 2022

Food processors and retailers have pushed food prices upward even as prices paid to farmers have been largely stagnant, the National Farmers Union said in a statement late last year, which attributed rising food costs to rising corporate power. “Consumers need to know that less and less of the money they spend on food actually

Farmit Manitoba, News

Farm consolidation good for Canadian agriculture

Sylvain Charlebois holds forth on Canadian agriculture and food

By Allan Dawson December 20, 2021

Farm consolidation is good, cultured meat has a rosy future and the carbon tax needs greater analysis. Sylvain Charlebois, Canada’s self-described ‘Food Professor’ and director of Dalhousie University’s Agri-Food Analytics Lab, elaborated on those points in a wide-ranging talk at the September Canadian National Millers Association’s annual meeting in Montebello, Que. “I think consolidation is

Agricultural commodity prices have risen steeply in the past year, driven by harvest setbacks and strong demand.

News

FAO says world food prices continue to climb

Fourth straight month of price increases found for November

By Reuters December 13, 2021

World food prices rose for a fourth straight month in November to remain at 10-year highs, led by strong demand for wheat and dairy products, the UN food agency said Dec. 2. The Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 134.4 points

Photo: daoleduc/iStock/Getty Images Plus

Markets, Other

Canada economy seen weaker than expected as supply chain woes weigh

By David Ljunggren, GFM Network News, Julie Gordon October 29, 2021

Ottawa | Reuters – The Canadian economy most likely underperformed expectations in the third quarter amid ongoing supply chain woes and a brutal drought, official data suggested on Friday, prompting analysts to forecast the Bank of Canada could move slower on rate hikes. The economy expanded by 0.4 percent in August, missing estimates, and looked

Dale Nething, 86, waits on the steps as his son Don Nething, 62, troubleshoots the combine after it broke down while being used to harvest corn in Ravenna, Ohio, October 11, 2021. Manufacturing meltdowns are hitting the U.S. heartland, as the semiconductor shortages that have plagued equipment makers for months expand into other components. Supply chain woes now pose a threat to the U.S. food supply and farmers’ ability to get crops out of fields.

News, Other

Price pinch: global economy caught in perfect storm

Rising costs, shortages and a lack of workers are all weighing in

By Andrew MacAskill, Daniel Leussink, Guy Faulconbridge, Leika Kihara October 25, 2021

London|Tokyo|Reuters – From beef bowls in Tokyo to fried chicken in London, consumers are starting to feel the pinch from the surge in costs coursing through the global economy. The rebound as coronavirus restrictions are eased has exposed supply chain shortages, with firms scrambling for workers, ships and even fuel to power factories, threatening the fledgling economic recovery.

Whether our current bout of inflation will prove to be transitory is unknown, as is just how high the rate could get.

Op/Ed

Editor’s Take: Riding the lightning

By Gord Gilmour October 21, 2021

We’re officially into ‘interesting times.’ There’s no other way to categorize it, as the reports start stacking up. Tire and glyphosate shortages because of power cuts in China. The U.K. contemplating a pig cull and milk dumping for lack of labour. Retailers fretting over a ‘cancelled Christmas’ due to supply chain snarling. Gasoline prices in

File photo of a Conagra production facility at Oakdale, Calif., about 150 km east of San Francisco, on Dec, 18, 2015. (Photo: Reuters/Fred Greaves)

Markets

Conagra flags price increases to cushion inflation impact

Prepared foods firm raises sales forecast

By GFM Network News October 7, 2021

Reuters — Conagra Brands said on Thursday it would increase prices again on its frozen meals and snacks to help cushion the blow of higher inflation, after the diversified food maker raised its annual sales forecast and topped quarterly results. Packaged food companies are grappling with inflation as the U.S. economy rebounds, while spending heavily

Market undercurrents in the food sector may be harder to pick up now than five or 10 years ago.

Comment, Op/Ed, Other

Comment: Lowballing food inflation

Evidence is mounting that StatCan may not be reflecting reality

By Sylvain Charlebois October 5, 2021

If you think food prices are increasing at a much faster pace than what Statistics Canada is suggesting, you are likely not imagining it. For a few years now, many Canadians suspected that the federal agency was either underestimating our food inflation rate, or that there was some sort of lag between what was going

An employee loads wheat near a grain store in the settlement of Raduga in Stavropol Region, Russia June 30, 2021.

News

Putin’s drive to tame food prices threatens grain sector

By Darya Korsunskaya, Polina Devitt September 8, 2021

The move to address domestic concerns could make a key competitor less competitive

During a televised session with ordinary Russians in late June, a woman pressed President Vladimir Putin on high food prices. Valentina Sleptsova challenged the president on why bananas from Ecuador are now cheaper in Russia than domestically produced carrots and asked how her mother can survive on a “subsistence wage” with the cost of staples

File photo of a steak sandwich with chimichurri sauce at a street food market in Buenos Aires. (Aleksandr_Vorobev/iStock/Getty Images)

Beef cattle, Livestock, Markets

Argentina extends beef export cap, stoking farm tensions

Move seen as 'giving markets to other countries'

By GFM Network News, Maximilian Heath, Nicolas Misculin August 31, 2021

Buenos Aires | Reuters — Argentina extended beef export restrictions until the end of October on Tuesday, stoking tensions with the powerful farm sector as the government seeks to bolster domestic meat supply to help contain rising food prices. The move comes months before key mid-term elections, with centre-left President Alberto Fernandez keen to avoid

Daily Network News

USDA defends $12 billion subsidy amid farm economy challenges

Canada December retail sales down 0.4 per cent; seen up 1.5 per cent in January

Feed Grains Weekly: Domestic prices remain flat

Tag Archives Inflation