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Pricey produce: Why your grocery bill has increased in 2019
Mornings with Simi
English - July 22, 2019 20:38 - 10 minutes - ★★★★★ - 1 ratingBusiness News News Society & Culture Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
If you love avocados, you are probably reeling from the recent price jump! As we reported earlier, avocado prices are soaring to the point that some Mexican restaurants have pulled guacamole from their menus. A wholesale case of 48 avocados is now selling for up to 100-dollars US, up from 36-dollars just a few months ago. Prices have jumped partly because of a poor growing season in California and low seasonal production in Mexico.
However, avocados aren’t the only produce item that’s going to cost you more. According to Canada’s Food Price Report, the average Canadian family can expect to spend $411 more on food in 2019, bringing their total yearly grocery bill to $12,157 thanks to more expensive fruit and vegetables.
Guest: Simon Somogyi
Arrell Chair in the Business of Food and Associate Professor in the School of Hospitality, Food and Tourism Management at the University of Guelph
If you love avocados, you are probably reeling from the recent price jump! As we reported earlier, avocado prices are soaring to the point that some Mexican restaurants have pulled guacamole from their menus. A wholesale case of 48 avocados is now selling for up to 100-dollars US, up from 36-dollars just a few months ago. Prices have jumped partly because of a poor growing season in California and low seasonal production in Mexico.
However, avocados aren’t the only produce item that’s going to cost you more. According to Canada’s Food Price Report, the average Canadian family can expect to spend $411 more on food in 2019, bringing their total yearly grocery bill to $12,157 thanks to more expensive fruit and vegetables.
Guest: Simon Somogyi
Arrell Chair in the Business of Food and Associate Professor in the School of Hospitality, Food and Tourism Management at the University of Guelph