Many dairy products have been priced out of the market

Jan 04, 2023

The Canadian Dairy Commission has just released its recommendations for 2023. Unlike last year’s shocking 8.4 per cent, which was almost double the previous record, the increase won’t be as dramatic.

As of February 1, 2023, most farmers in Canada will get about 2.2 per cent more for their milk. Provincial boards have the final say, but it looks like, next year, the dairy section won’t see the price increases we have all seen in 2022.

According to Statistics Canada, food prices overall are up 10.3 per cent over last year, and dairy products are now 9.7 per cent more expensive compared to last year. The attention grabber in the dairy section was butter. In many parts of the country, butter is 20 per cent more expensive than last year. Many people have just given up on the product and are now opting for non-dairy alternatives.

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Video: Food Inflation and Pork Demand - Dr. Sylvain Charlebois

In this episode of The Swine it Podcast Show Canada, Dr. Sylvain Charlebois, Professor and Director of the Agri-Food Analytics Lab at Dalhousie University, discusses how food inflation is reshaping Canadian protein demand. He explains why pork remains competitively priced, consumer behavior, and why transparency, AI-assisted shopping, and protein demand will matter in the years ahead. Listen now on all major platforms!

"The potential of pork is there. We just need to see the product assume that role and take it away because all the elements are there."

Meet the guest: Dr. Sylvain Charlebois is a Professor in Dalhousie University's Faculty of Management and Director of the Agri-Food Analytics Lab. His research focuses on food distribution, food policy, food safety, food security, and traceability. Dr. Charlebois has written four books and more than 500 peer-reviewed and scientific articles. He holds a BComm from the Royal Military College, an MBA from UQAM, and a DBA from the University of Sherbrooke. Learn more from Dr. Sylvain Charlebois on The Swine it Podcast Show Canada, available on all major platforms.