this post was submitted on 09 Sep 2023
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You might be right, and prices may come down. I am ignorant on goes on with pricing, but what I do see is the farmers are not thriving, and fresh food is always getting more expensive.
Yet Loblaws is able to post amazing profits, and they are the lower priced stores, the more independent stores are struggling to compete and they have to mark up their prices even more.
So my opinion is that farmers and smaller stores are struggling, but middlemen are thriving. This is based on those observations. My lack of trust in corporate models is based on profits over people.
I agree, Putin is disturbing the supply chains for food. But then I wouldn't think that all food would be affected as it is.