Why buying local could ease the pain of high food prices | CBC News (2024)

PEI·GOOD QUESTION, P.E.I.

Food prices may be soaring, but it's not just the consumers who are feeling it. The CBC podcast Good Question, P.E.I. explores what others along the food chain are doing to keep costs low — and stay in business.

Farmers and grocers have to eat, too

Why buying local could ease the pain of high food prices | CBC News (1)

Shane Ross · CBC News

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Why buying local could ease the pain of high food prices | CBC News (2)

This story is from this week's episode of the new CBC podcast Good Question, P.E.I.

Listen here.

Good Question, P.E.I. is available on theCBC Listen app,or wherever you get your podcasts.

The high cost of food is no surprise to anyone who eats.

A cucumber that might have been 99 cents a couple years ago could be three times thatnow. If broccoli already leaves a bad taste in your mouth, wait till you see the price.

And eating out at a restaurant? You might have room in your belly for dessert, but what about in your wallet?

Brandon Howard Roy loves a deal as much as the next person, but there's only so much coupon-clipping a person can do.

"I'm not cheap. I'm a value-minded consumer," he explained.

"Like, seeing how prices have gotten a little crazy recently — I don't know, it's just been nagging at me."

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So Howard Roy did what anyone does when they want answers. He turned to the CBC podcast Good Question, P.E.I.

Why buying local could ease the pain of high food prices | CBC News (3)

22:22Why does our food cost more all of a sudden?

"How does this food system work? And how are people sort of up the food chain from me, the home cook, fighting those price increases?" he asked podcast host Nicola MacLeod.

So MacLeod set out to speak with afarmer, a butcher, a restaurant chef and a small community grocer.

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They all told herthey do whatever they can to keep prices down. But they have to feed themselves, too, and they have to make at least a modest profit.

The farmer, Soleil Hutchinson of Soleil's Farm in South Melville, P.E.I., says costs for everything from fertilizer to packaging are up.

"It's been hard for us sometimes, like we've had to confront the fact that we can't feed everybody," she said. "We would love for our food to be accessible for everybody at every income level, but we need to maintain a viable business if we're going to treat our employees well. It doesn't help anybody if we're dropping our prices so low that we can't pay ourselves and our employees."

The butcher, Kevin Wile of the Summerside Butcher Shop, says he tries to buy in bulk and get producton the shelves as soon as possible.

"Typical day for me would [be], you know, I come in here in the morning, my office, I get about 20-30 emails from different suppliers offering different pricing and then I look through them all, find the best deal for the consumers."

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The chef, Hunter Guindon of The Table in New London, says he and the restaurant's owner frequent local farms, markets, small grocery stores and wharves looking for the best and freshest products.

A bag of carrots, for example, may not always be as cheap as he'd find in a big-box store, but he'd rather buy from someone he's built a relationship with than a CEO setting prices from a corporate office 1,000 kilometres away.

"It's important to me that when I am spending the dollars on food that it's going into the pockets of my friends," Guindonsaid.

Finally, the small community grocer. Gallants has been part of the Rustico community for 97 years. Keith Gallant, the grandson of the original owner, operates the store now.

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While big chain stores make millions in profits by selling high volumes, Gallantsaidthat's not the case for small grocers.

He said his customers and suppliers have become like family, and there is a level of trust. He said some farmers feel bad when they have to charge him more, but he understands they have their own bills to pay.

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"I know they're not trying to gouge me," Gallant said.

"I tell them, look, you have to do what you have to do. I don't want to see you disappear. If you're a farmer and you're selling meat, potatoes or beans or whatever it is, and you tell me that that price has gone up, you know, 50 cents a pound, it is what it is."

So, as hard as it is to swallow the high price of food, it seems like we're all in it together. And Gallant hopes that's some consolation.

"Like all the other small country stores that I see around, I know them all and they're all doing the same as I'm doing, trying to keep their community happy. And their community is standing behind them, which is great. It really is."

Have a question for an episode? Good Question, P.E.I. wants to hear from you!

Emailgoodquestionpei@cbc.caor call our Talkback line at 1-800-680-1898.

More stories from theGood Question, P.E.I.podcast:

  • Hooked on a feeling: Why striped bass are so fun to fish
  • A new train of thought: Could rail service return to P.E.I.?
  • Fiona gave P.E.I. an opportunity to foster healthier forests
  • How a brash, red-haired orphan from P.E.I. continues to be a worldwide sensation
  • Legal drinking in P.E.I. parks an idea that's unlikely to be uncorked anytime soon
  • Basic income guarantee seems like a good idea, so why hasn't it happened?

ABOUT THE AUTHOR

Why buying local could ease the pain of high food prices | CBC News (7)

Shane Ross

Journalist

Shane Ross is a journalist with CBC News on Prince Edward Island. Previously, he worked as a newspaper reporter and editor in Halifax, Ottawa and Charlottetown. You can reach him at shane.ross@cbc.ca.

With files from Nicola MacLeod

Corrections and clarifications|Submit a news tip|

Why buying local could ease the pain of high food prices | CBC News (2024)

FAQs

Who is most affected by rising food prices? ›

It's perhaps not surprising that food costs have hit younger people the hardest, considering that they've risen by 25% in the last four years, compared with 21% for all items tracked by the consumer price index.

What are the causes of rising food prices? ›

But let's break down some of the main causes happening right now.
  • Droughts. The price of food depends a lot on the climate. ...
  • High Production Costs. ...
  • Labor Shortages. ...
  • Do your research. ...
  • Use what you have. ...
  • Buy generic brands. ...
  • Switch up where you shop. ...
  • Cut back on the meat.
Mar 14, 2024

What is causing high food prices in poor countries? ›

General Inflation.

In price sensitive economies, which are experiencing strong GDP growth, this translates to a higher price for food. In developed nations, inflation and GDP growth occur at healthier, manageable, and sustainable rates, resulting in reduced consumer price shock.

How do you deal with rising food prices? ›

22 Ways to Fight Rising Food Prices
  1. Eat at Home. Dining out is an expensive proposition. ...
  2. Shop with a Plan. ...
  3. Put on Blinders. ...
  4. Eat Before You Shop. ...
  5. Avoid Prepared Foods. ...
  6. Skip the Bottled Water. ...
  7. Shop Without the Kids. ...
  8. Buy in Bulk.

Who benefits the most by rising prices? ›

In contrast, young, middle-class households are the largest winners from inflation in the U.S., because the real value of their substantial fixed-rate mortgage debt is eroded by inflation.

Can the government control food prices? ›

Many factors influencing the food supply chain can affect retail food prices, such as global trade issues, pandemics, animal and plant disease outbreaks, and war. Federal agencies don't control food prices, but may indirectly affect them.

Why is food in America so expensive? ›

Grocery prices are 30% higher than four years ago. In the wake of World War II, the grocery industry was born to ensure a cheap, convenient and abundant food supply. Decades later, the same industry leveraged pandemic-related supply chain crises to raise prices and reap enormous profits, all while selling less food.

Why are groceries so expensive now? ›

Why is food so expensive? Food prices have risen steadily since 2020 thanks to a combination of factors, including inflation, labor costs, the supply chain and the war in Ukraine. These challenges won't be resolved in 2024 but the economic outlook and overall inflation are improving.

What is the real cause of inflation? ›

An increase in the price of domestic or imported inputs (such as oil or raw materials) pushes up production costs. As firms are faced with higher costs of producing each unit of output they tend to produce a lower level of output and raise the prices of their goods and services.

Which country has the highest food inflation? ›

Between December 2023 and April 2024, Zimbabwe was the country with the highest level of real food inflation worldwide. Compared to the previous year, food prices had increased by 46 percent in Zimbabwe. Argentina ranked in second place with 20 percent.

Where has inflation hit the hardest? ›

Cities With the Biggest Inflation Problems
Overall RankMetro AreaConsumer Price Index Change(Latest month vs 1 year ago)
1Urban Honolulu, HI4.80%
2Miami-Fort Lauderdale-West Palm Beach, FL4.90%
3Riverside-San Bernardino-Ontario, CA4.30%
4St. Louis, MO-IL3.60%
16 more rows
Apr 14, 2024

Is inflation causing world hunger? ›

High inflation rates are contributing to heightened food insecurity around the world. According to the Food Security Information Network's Global Report on Food Crises (GRFC), 238 million people in 48 countries faced high levels of acute food insecurity as of mid-2023, up from 216 million in 2022.

Why are food prices rising so fast? ›

Food prices are rising for several reasons, including ongoing supply chain issues, the smallest cattle inventory in 73 years, an Avian flu outbreak that affected poultry supply and sent the cost of chicken and eggs skyrocketing, and a worldwide grain deficit that is the result of the prolonged conflict in Ukraine.

How can we keep food costs down? ›

Avoid convenience foods: Pre-packaged convenience foods like frozen meals or individually wrapped snacks tend to be more expensive. Opt for fresh ingredients and prepare your meals from scratch whenever possible. Reduce food waste: Be mindful of food waste by properly storing and using leftovers.

How can we save with rising prices? ›

Five tips for protecting your money during high inflation
  1. In times of inflation, prices increase and the value of currency decreases.
  2. Keep the money you set aside for the future in an account that earns interest.
  3. Identify expenses that can be trimmed by tracking your spending.
  4. Focus on paying down variable rate loans.

How are rising food prices impacting people's diets? ›

An increase in food prices of almost any magnitude will have a major impact. This may result in consuming less food, buying lower cost food, selling assets to purchase food or foregoing other vital spending on health care or education for example.

What countries are most affected by the cost of living crisis? ›

Our study focused on some of the hardest-hit communities in Afghanistan, Bangladesh, Democratic Republic of Congo (DRC), Ethiopia, Haiti, Kenya, Malawi, Myanmar, Nepal, Nigeria, Sierra Leone, Somaliland, Zambia, and Zimbabwe.

How does rising food prices influence and impact farmers? ›

They acquire various inputs like seeds, feed, fertilizer, fuel, utilities, equipment repair, and more. Consequently, rising prices lead to higher costs for these inputs, affecting their operations. Fertilizer prices in particular skyrocketed, with some farmers reporting a 300% increase in 2022 over the previous year.

How do rising food prices affect people's food purchasing decisions? ›

If prices of foods increase, the poor will see a drop in nutritional status. They will not have a large enough budget to spend money on all the essential nutrients. Price decreases will help the poor's nutritional status because they will be able to more foods to get more calories, vitamins, and proteins in their diet.

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