Mike von Massow
@mikevonmassow
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Professor at UofG, podcaster and writer - on food, farming, pricing, economics, operations, restaurants, retail and supply chain. Mastodon and threads same name
guelph, ontario
Joined May 2011
We need to communicate that so that more young people come here and are excited to work in food processing, distribution, and retail. This is an interesting industry with great jobs.
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Really interesting discussion today at the University of Guelph about the state and future of the meat protein industry. One key insight is the opportunity for young people in the food industry to- not just in technical jobs but in business and economics. 1/2
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For context, the big three plants in Canada can process a little over 10,000 head per day so the closures in the US represent about 90% of the total Canadian capacity.
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Worth noting that another Tyson plant will reduce from two shifts to one per day, further lowering packing capacity. The Nebraska plant can process 6,000 head per day and the Texas plant that is reducing will cut 3,000 head per day. 3/n
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Impact is difficult to predict. Lower supply could put pressure on consumer prices but the closure could also reduce competition for live cattle ➡️lower producer prices. Given losses, lower live cattle prices would be unlikely to lower consumer prices. 2/n
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Impact of low cattle inventories starting to be felt. Tyson is closing a processing plant to stem loses due to low volumes and high acquisition costs. Packer margins usually inversely correlated to cattle prices. 1/n
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Not to self. You should always shave and wear a collared shirt on days that Stats Can releases food inflation numbers.
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Particularly interesting food inflation numbers this month. The focus will likely be on the annual number (3.4%) but what is more interesting is that the monthly number was -0.6%. Food is more expensive than it was a year ago but many items are cheaper than they were in September
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🌱 Meet Dr. @MikeVonMassow, research program director for the Alliance! He’s driving agri-food research by connecting industry, tackling food waste, emissions, and consumer trends. 🥕 🛒 Read how ➡️ https://t.co/4ijbxoCtg6
@UofGuelphOAC @FAREUofG @UofGResearch
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#UofG | Shrinking herds are making beef more expensive across Canada. Dr. @MikeVonMassow weighs in on the future of the industry with @GlobeAndMail. @UofGuelphOAC @FAREUofG Read more:
theglobeandmail.com
After years of drought, North America’s legacy industry – and consumer steak holders – face a climate hostile to cattle ranching
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#UofG | Dr. @MikeVonMassow speaks to @TorontoStar about shoppers looking for discount options at the grocery store. @UofGuelphOAC @FAREUofG Read more:
thestar.com
The Canadian retail giant saw sales reach $19.08 billion in the 16 weeks ended Oct. 4, up 4.5 per cent from a year earlier. Its retail gross profit margin climbed to 31.13 per cent, from 30.90 per...
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Proud at the @guelphcama team who competed in the CAMA student marketing case competition yesterday and won! Congrats. Continuing a tradition. Of excellence.
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"‘It’s a huge concern’: Food prices continue to rise" Dept. of FARE professor @mikevonmassow speaks to CTV News about retaliatory tariffs and crop issues causing a rise in pricing. Read more: https://t.co/8lr22lisF6
@UofGuelphNews @UofGuelphOAC
ctvnews.ca
Canadians paid four per cent more for groceries in September compared to a year ago, according to Statistics Canada.
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#UofG food economist Dr. @MikevonMassow speaks to @TorontoStar about the rising cost of Halloween chocolates. "Cocoa is kind of the canary in the coal mine of climate change." @UofGuelphOAC @FAREUofG
https://t.co/ZChzAekqcY
thestar.com
As consumers buy their Halloween giveaways, they’re facing a nearly 30 per cent price increase in sweet treats since August, 2021.
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@mikevonmassow from @uofg talks misinformation. “Misinformation is not new. Octavio used coins with lies on them to smear Marc Anthony.” @FoodIntegrityCA #publictrustsummit
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To kick off Day 2 of the #PublicTrustSummit, Dr. Mike von Massow, Professor at the University of Guelph, takes the stage to discuss how misinformation impacts emotion, identity, and trust in the food system.
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Excited to speak today on misinformation and consumer trust at @FoodIntegrityCA Public Trust Summit. Looking forward to interesting conversations
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"Rising cocoa prices force Kitchener bakery to make bittersweet decision" Dept. of FARE professor @mikevonmassow speaks to CTV News about the cocoa crop yields. Read more: https://t.co/KoAejKeNVN
@UofGuelphNews @UofGuelphOAC
ctvnews.ca
The high price of cocoa has cost a bakery in Kitchener, Ont. a key part of its business.
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#UofG food economist Dr. @MikevonMassow offers his expertise on what's driving recent food cost spikes to @CTVNews
@FAREUofG @UofGuelphOAC
https://t.co/05KQ44Zgag
ctvnews.ca
New data from Statistics Canada shows that rising food prices is a key factor in driving inflation higher.
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Interesting that Disney is advertising 25% off at theme parks for residents of Canada. Additional evidence of less Canadian travel to the US. Will discounts work?
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