Its largest baby formula plant ships all its products to China
Parents of toddlers are concerned about baby formula shortages due to a combination of factors. A major recall in the United States affecting the top manufacturer of baby formula, coupled with supply chain challenges, has made things difficult for parents. In the U.S., some parents are driving hours just to get the right product for…
Industry facing headwinds as the economy trends back to normal
Meal kits are to food what IKEA is to furniture: all you need to do is put things together. Meal kits empower consumers to feel like chefs, if only for a while. They have been popular, especially throughout the pandemic. Meal kits provide ideas, ways to manage your meals and some greatly needed inspiration for…
The entire planet will be impacted, one way or another
It’s funny how sometimes we take the simple things in life for granted. Cooking oil, or vegetable oil, is certainly one of them. Our appreciation for vegetable oil will likely reach new levels in months to come. Oil prices have increased by 25 per cent in just the last six months. While palm oil went…
More than 100 million people will soon experience either famine or hunger
Food supply chain hangovers due to the COVID-19 pandemic and the impact of Russia’s invasion of Ukraine have resulted in questions about the global nature of our food systems. Some suggest we need to deglobalize and refocus our energy on making most economies around the world food sovereign, including Canada’s. Given what the world is…
Crossover between the real food world and a virtual metaverse offers companies a new look at markets
Some restaurants are looking for new ways to re-engage with a market heavily affected by a two-year-old COVID-19 pandemic. Restaurants have done a lot of juggling over the last two years: redefining menus, thinking of new ways of connecting with customers, pivoting to a positive future. It’s been nothing short of impressive. One approach gaining…
UN estimates that half of 2050 emissions related to food could be cut by things like eating less meat
The United Nations’ Intergovernmental Panel on Climate Change (IPCC) has provided a roadmap to saving the planet. For global food security, we must become better environmental stewards. To reduce gas emissions, we need to adhere to sustainable agricultural practices if we are to meet our 2030 targets, according to the report. And, yes, changes in…
When it comes to price-fixing, the U.S. acts. Canada, not so much
A Quebec-based group is leading a class-action lawsuit aimed at major federally-licensed beef packers. Cargill, JBS Foods, Tyson Foods and National Beef Packing are all accused of colluding and inflating beef prices since 2015. So if you’re a consumer in Quebec who’s been buying beef since 2015, you can be part of the claim. The…
The pandemic was just a dress rehearsal for what’s about to happen
United States President Joe Biden was the first G7 leader to admit publicly that many parts of the world will soon experience food shortages and even famine. The world will be short of many commodities. Regions like the Middle East and northeastern Africa already have dangerously low food inventories. The world will soon discover that…
Move raises questions about motive and why the announcement was so quiet
All eyes are on inflation these days, especially at the grocery store. Food is the one thing we need every day and the food choices we make matter a great deal to our budget. To know what's going on with food prices, we turn to Statistics Canada for details. But without fanfare, we just learned…
Compared to Americans, Canadians have far fewer options to save on groceries
The food inflation rate in Canada in February was 7.4 per cent, the largest yearly increase since May 2009. With much higher food inflation, consumers are desperate to find new ways to save at the grocery store. In the United States and Canada, consumers are increasingly using food rescuing apps, going for the “enjoy tonight” deals, trading…