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Food Price Inflation and Farmer Livelihood: The Declining Farmers’ Share

Canadian farmers have seen no benefit from rising grocery store prices since 2020. Instead, they are being squeezed by corporate profiteering on all sides. For years, corporate concentration in Canada’s food system has kept farm gate prices chronically low, while retail prices rise steadily for consumers. Farmers are forced to accept prices that are decided by large, multinational commodity traders and processors. At the same time, they face prohibitively high costs for inputs from oligopolistic suppliers. The system is stacked against farmers and consumers alike. It’s time to confront corporate power in the food system. Join the NFU on May 22nd at 3PM EST for a panel webinar on the farmers’ share of food prices and an examination of how corporate concentration in the Canadian food system harms both farmers and consumers featuring Keldon Bester of the Canadian Anti-Monopoly Project; Alex Purdye former Broadbent Institute Fellow; and Alyssa Gerhardt, PhD student at Dalhousie University.