Daily Network News

More News →

Tag Archives consumers

Photo: Thinkstock
General

Canadian food inflation to slow through 2024, report says

More certainty has brought an uptick in grocer promotions, but consumers are struggling

By ,
Canadian food prices are expected to rise between 2.5 and 4.5 per cent in 2024, according to a new report. “It is probable that Canadians will continue to experience the strain of food inflation compounded by increasing costs of housing, energy and various other expenditures,” according to Canada’s Food Price Report 2024.
Data has shown that the farm share of the retail beef dollar dropped to 41 per cent in 2022.
News, News Roundup

Data shows retail share of beef dollar growing

By
High retail prices have made consumers question why beef is so expensive. A joint project between BetterCart Analytics and the Saskatchewan Stock Growers Association aims to provide some answers.  The project looked at pricing data in 39 different cities and a variety of different retailers within Canada. Melanie Morrison, CEO and founder of BetterCart Analytics, […] Read more
CME December 2023 live cattle with 20- and 50-day moving averages and ICE December 2023 Brent crude (black line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle retreat as energy rally dents beef demand outlook

Lean hog futures mostly also lower

By ,
Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell on Friday as traders banked profits and squared positions ahead of the weekend as geopolitical turmoil riled energy markets and stoked concerns about beef demand. Crude oil rallied more than five per cent on Friday on the escalating Middle East conflict as the Israeli military […] Read more
(FatCamera/E+/Getty Images Canada)
General, Markets, Reuters

Major grocery chains agree to help stabilize prices, feds say

Any moves must not undercut farmgate prices, government warns

By , ,
Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours of what he said were […] Read more
Higher interest rates to curb beef demand
Livestock, Market talk, Markets

Higher interest rates to curb beef demand

Market Talk with Jerry Klassen

By
Interest rates in Canada and the U.S. have been increasing over the past year as central banks work to bring down inflation. The Bank of Canada and the U.S. Federal Reserve started their policy of monetary tightening in March 2022. One year later, the U.S. Federal Reserve’s benchmark rate was at 5.0 per cent while […] Read more
(Dave Bedard photo)
General, Markets

Food sales grew but margins tightened in 2022, FCC says

Modest further growth expected this year

By ,
Food and beverages sales increased in Canada last year, even as margins hit an historic low and consumers chose Canadian less. According to the latest FCC Food and Beverage Report, released Tuesday, sales increased 11 per cent to $156 billion in 2022. These gains came largely from higher export values and strength in the grain […] Read more
CME July 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs drop to January lows on demand worries

Live cattle up, feeder cattle down

By ,
Chicago | Reuters — CME lean hog futures on Wednesday fell to their lowest prices since January amid concerns about demand for U.S. pork, analysts said. Inflation and a decline in U.S. pork exports to China, the world’s top pork consumer, are hurting demand, analysts said. The consumer price index rose 8.3 per cent in […] Read more
A creek cuts through rangeland in southwestern Alberta. Recent research from the University of Alberta finds that adaptive multi-paddock (AMP) grazing can speed the carbon cycle.
Features, Livestock

How to win fans and influence consumers

Three people share how they changed their minds about beef, becoming advocates for beef production

By
David Kleiman’s first visit to a ranch in the southern Alberta foothills was an awe-inspiring experience he’ll never forget. Nature and conservation have been life-long passions for Kleiman, a Calgary-based science teacher. After meeting Kimberly Wachtler of Burke Creek Ranch at a farmers market, Kleiman was eager to learn more about how cattle are raised […] Read more
(Lovelyshot/iStock/Getty Images)
Beef Cattle, Livestock

Quebec group seeks to sue beef packers over pricing

Group's class-action application alleges price-fixing dating back to 2015

By ,
A Quebec consumer protection group intends to launch a class action lawsuit against four major beef processors in Canada and the U.S., alleging a “meat pricing conspiracy.” “At a time of high inflation, it is unacceptable to make the price of beef even more expensive than it already is,” Sylvie De Bellefeuille, a lawyer for […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for July 4, 2025

Sponsored By:
More Videos →

Latest Market News

More Market News →