As barbecue season simmers down, the cost of meat is still rising across Canada, even as year-to-year demand wanes.
Several culprits are pushing the upward-trending price tags, food distribution professor Sylvain Charlebois told Global News on Friday.
“We’re slowly reaching the spook zone at the meat counter,” said Charlebois, who also serves as the director of Dalhousie University’s Agri-Food Analytics Lab.
To read the rest of the story, please go to: Global News
The White House on Monday announced it would allocate $1 billion in funding from the American Rescue Plan to independent meat and poultry producers as part of an effort to boost competition in the meat-processing industry and lower prices for consumers. …
The grocery store is arguably where consumers feel inflation most. According to the Bureau of Labor Statistics, meat costs about 20% more than it did in 2021, and analysts expect prices to keep going up before they come back down. …
About one in three U.S. adults say they’re spending more on groceries than they were at the start of 2021, according to a Morning Consult survey of 2,200 U.S. adults conducted May 17 to 19 for Bloomberg News. Red meat was the ingredient cited most often for its higher prices, with chicken right behind. …
© Copyright 2021 | Phoenix Media Network | All Rights Reserved | Terms of Service | Privacy Policy
