Study: Food Prices to Jump to Highest Levels Next Year

An annual report from four Canadian universities says food prices are expected to jump by the highest level since they began their study 11 years ago.

Their Food Price Report forecasts an increase of about five percent in our grocery bills next year, an average of almost 700 dollars more for a family of four. Meat prices lead the way, expected to increase by more than six percent. The researchers say changing consumer habits due to the coronavirus pandemic, wildfires in California, and higher prices for wheat all play a role in forcing up the cost of the food we buy.

Written by Casey Kenny

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