Expect Food Prices To Remain High

A food professor at Dalhousie University says we better get used to higher food prices.

 

"This year we were already expecting a high food inflation rate, back in December for 2020. That's not going to change," said Dr. Sylvain Charlebois. "The problem is that the general inflation rate is going to be very low, so 4% will probably feel more like a 10%. It's good news for people who want to stay home and cook because you'll save money but it's bad news for people who will likely go back to their old ways, go out to the restaurant because you're probably going to be spending way more than before."

 

Charlebois notes on the supply side, COVID-19 is making everything more expensive, adding new cleaning protocols, higher salaries, and building infrastructure for e-commerce will all cost more.

 

On the flip side, he adds each household in Canada is saving approximately $5 a day by cooking at home and avoiding restaurants.

Video: CEOs of the Industry – International Edition Michael Agerley | Partner, IQinAbox

In this CEOs of the Industry – International Edition, we sit down with Michael Agerley, Partner at IQinAbox, to explore how data is reshaping the future of pig production.

After more than 20 years as a veterinarian, Michael shares his unique perspective on the shift from hands-on animal care to data-driven decision making across the pork value chain.

We dive into:

• How better data is improving real on-farm decisions

• The biggest opportunities still untapped in pig production

• How Europe is leading (and where it’s still lagging) in tech adoption

• The role of AI and smart systems in the next 5–10 years

• Why trust, leadership, and practical application matter more than ever

This conversation bridges veterinary insight, technology, and real-world farming, offering a clear look at where the industry is headed—and what it will take to get there.