Food economist Dr. Mike Von Massow, a professor in the Department of Food, Agricultural and Resource Economics, appeared on TVO’s The Agenda on Thursday for a panel discussion on rising food prices.
Von Massow discussed the many factors pushing up prices, from droughts in Alberta that have affected both grain yields and led to the culling of beef herds, to ongoing supply issues brought on by the COVID-19 pandemic.
These high prices will continue for some time, von Massow added. The cattle culls will lead to ongoing pressures on beef supply, while the droughts in California will affect produce prices through the winter, as much of the produce sold in Canada in the winter months comes from the southern U.S.
Von Massow studies the performance of the Canadian and global food supply chain and consumer food buying habits.
Watch more of the interview below: