World

High grocery prices: Blame supply chain issues, bad weather

TORONTO —
Bringing dwelling the bacon is costlier than ever in Canada, and it may change into much more expensive as time goes on.

“It has been going up about 15 to twenty per cent, I might say, over the summer time,” butcher and chef Peter Sanagan informed CTV Information.

Statistics Canada reported in August {that a} 500-gram package deal of bacon, on common, had crossed the $8 threshold for the primary time.

However the improve in worth isn’t restricted to bacon. Consultants have seen the price of hen, beef and pork have all gone up as properly.

“Beef is up a minimum of 12 per cent,” Sylvain Charlesbois, director of Dalhousie College’s Agri-Meals Analytics Lab in Halifax, informed CTV Information. “Some cuts are up 30 per cent.”

Provide chain points and dangerous climate are primarily chargeable for the inflated costs, in line with analysis by the Dalhousie meals lab. The COVID-19 pandemic led to extra sturdy security measures and the closing of amenities and borders, which has affected each part of the chain from farm to fork.

As well as, greater transportation and gasoline prices have elevated costs. Fires and droughts throughout the Northern Hemisphere have additionally affected crops, leading to elevated costs in livestock feed.

“The most important challenge we’re working with proper now is a rise in feed worth for our chickens of about 20 per cent,” Melanie Boldt of Pine View Farms informed CTV Information. “That is a price we’ve to determine the right way to soak up and what to do with.”

Canadians have already begun adapting by altering their procuring habits.

In a survey of over 10,000 Canadians carried out by the Dalhousie meals lab, practically half of respondents mentioned they’d diminished purchases of meat within the final six months due to greater costs.

Moreover, the survey discovered extra Canadians are shopping for store-brand merchandise and checking weekly flyers for offers.

“Additionally, Canadians are utilizing coupons far more typically,” Charlesbois mentioned.

4 out of 10 folks mentioned that in comparison with final yr, they’re now extra typically trying to find meals at diminished costs resulting from it being near the expiry date.

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