California Law Proposition 12 Driving Up Pork Prices Nationwide, Congress Urged to Act
California’s Proposition 12 has led to a significant increase in pork prices, with consumers feeling the effects of rising costs and declining consumption. The impact is not limited to California, as pork farmers nationwide are facing compliance costs and higher prices. Congress must address this issue in the Farm Bill to protect farmers and consumers from the repercussions of such legislation.
Rising Fast Food Prices Prompt Backlash and Concerns
Fast food prices have been on the rise due to inflation, labor costs, and supply chain disruptions. Popular chains like McDonald’s and Wendy’s have implemented significant price increases, prompting concerns from consumers about affordability. As the industry navigates these challenges, it remains to be seen how fast-food chains will balance the need to cover rising costs with the expectations of price-conscious consumers.
Canadians Seek Cheaper Grocery Options
A new survey reveals that many Canadians are switching grocery stores in search of lower prices, with nearly 60 per cent consistently seeking out discounted food products. The high cost of groceries has led 64 per cent of Canadians to believe that inflation at the grocery store is worsening. With every dollar counting, families are prioritizing deals, as evidenced by one shopper who spends $300 per week on groceries and goes where the savings are. The survey also found that stores run under Loblaw are the top destination for discounted food, followed by Walmart, Costco, Metro/Foodbasics, and Giant Tiger.