Canada’s dairy supply management body raised the price of milk this month and Dr. Simon Somogyi shared some thoughts with The Globe and Mail about the impact on Canadians.
Speaking to The Globe, Somogyi warned customers could see rising prices and shrinking portions to absorb increasing costs. Since those increases are still moving through supply chains, it’s too early to tell just how much of an economic impact it will have, he said.
Pizza restaurants, coffee shops and other dairy-dependent businesses could see the most change, he added, resulting in some moving to dairy-free alternatives.
Somogyi researches international food supply chains, linking members from supply and production to retail, particularly in the beverage, seafood and horticulture sectors.