It’s no secret that things aren’t getting any cheaper. With the cost of living in a number of Canadian cities skyrocketing as of late, we’re not exactly surprised when we hear that other things are going up too. Next on the list: your groceries. Not just your packaged stuff either. We’re talking the wholesome veggies and fresh meats. That’s really not good.
So why the dramatic price hike? Is this just rapid inflation? Well, there’s always inflation, but that’s not what’s having the biggest impact on rising food prices in Canada this year. Let’s take a look at Canada’s Food Price Report and what it means for those of us who just wanted to cook some dinner.
Beef and Pork
This is the worst of it. Prices of beef and pork are projected to go up 7 to 9 percent by the end of the year. That estimate may even be a little conservative, considering they’ve already gone up 11 percent since the beginning of 2017. This hike seems particularly dramatic because the price for these meats went down last summer and didn’t return to a ‘normal’ price for very long. The difference is due to lower cattle and hog inventory than usual, making them more in demand and more expensive.
Don’t worry, chicken may be your saviour. Chicken prices have been stable for a number of years and they look to stay that way. Maybe it’s time to swap our spaghetti and meatballs for chicken Parmesan and pulled pork for pulled chicken.
Fruits and Veggies
This just doesn’t seem fair, does it? This is the stuff we keep getting told we need more of and now they’re going to go and make it more expensive. Figures. Before the end of the year we could see prices of fruit increase by five percent and veggies by four. Less than the meat increase, but still pretty annoying. It’s all because of crop loss in California due to excessive rain and dampness. Yeah, we only ever hear about drought in California and now the rain is wiping out our salad ingredients. So far, lettuce and celery will be effected the most. On the plus side though, we might be getting cheaper organic produce soon.
Dairy and seafood
Good news! These babies are staying right where they are and could even fall one to two percent over the rest of 2017. They may not be the beef you want, but replacing red meat with fish a few times a week is actually a good health idea. Plus, thank goodness we don’t need to compromise on cheese. That would have been the worst.