It’s no secret that food costs have increased. For some, that jump has barely registered, but for many of us, it has impacted our budgets noticeably. What has caused food prices to soar? Where does that leave those of us with tight finances? Are there alternatives to purchasing expensive fresh fruits and vegetables?
Part of the reason food costs have risen is because of the high price of oil. Large-scale farms require machinery to mechanically harvest products and the cost of transport has also increased. Climate change is another culprit, with floods, droughts, and storms in various areas destroying harvests. The low Canadian dollar is another, more recent factor. Finally, some governments have banned exports of foods, fearing shortages and ensuing political instability. Such bans mean low supply and correspondingly higher prices.