Ice cream lovers take a licking
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That mind freeze feeling could be from the value of ice cream.
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Professor Sylvain Charlebois, director of the Agri-Meals Analytics Lab at Dalhousie College, mentioned the enhance in dairy costs is making itself felt in a summer season favorite.
“Ice cream costs have gone up,” Charlebois mentioned Friday. “Dairy on the whole is problematic — I believe it’s the one class the place we’re more likely to see larger costs by the tip of this yr — and ice cream just isn’t resistant to the Canadian Dairy Fee (CDC) determination to extend costs for a second time this yr.”
The value of milk is about to go up once more by just below two cents a litre on Sept. 1, a rise the CDC blames primarily on the rising price of feed, vitality and fertilizer.
“We expect that ice cream costs have truly gone up about 13% this yr to this point,” Charlebois mentioned. “Due to the CDC’s determination, we expect extra will increase by the point we’re completed with this yr.”
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Charlebois, referred to as The Meals Professor, has been documenting the speedy enhance in meals prices for Canadian customers.
The value of butter has been one of many worst examples of inflation on grocery payments, he mentioned.
Nonetheless, Charlebois doesn’t assume the value of ice cream will deter too many customers.
“If you’d like ice cream proper now, you’re going to purchase it,” he mentioned.
aartuso@postmedia.com
