The weak Canadian dollar will continue to impact food prices in 2016, according to the new Food Price Report [1] released today by the University of Guelph’s Food Institute [2]. It is expected that prices will jump an average of two to four per cent, and mainly impact meats, fruits, nuts, and vegetables.

Released at the end of every year, the Food Price Report offers a forecast of food prices and an overview of the macro, sectorial and domestic drivers behind them. Researchers from across the University of Guelph’s campus collaborate on the report, offering a diverse set of expertise.

The following College of Business and Economics faculty members contributed to the 2016 report:

• Professor Sylvain Charlebois, Department of Marketing and Consumer Studies
• Professor Francis Tapon, Department of Economics and Finance
• Professor Michael von Massow, School of Hospitality, Food and Tourism Management
• Professor Erna van Duren, School of Hospitality, Food and Tourism Management

Read the media release on the University of Guelph’s website [3].