Food banks stretched thin as food prices rise, increasing hunger and food insecurity

A growing number of Canadians are struggling to afford groceries as prices for basics like pasta, bread, and meat all soar, a new survey suggests affecting families and food banks.

The following article was posted by: Nicole Thompson, The Canadian Press on CoastReporter.net
Titled: Food banks stretched thin as food prices rise, increasing hunger and food insecurity
URL: https://www.coastreporter.net/the-mix/food-banks-stretched-thin-as-food-prices-rise-increasing-hunger-and-food-insecurity-5446672
Article Posted: June 6, 2022

The key take-aways from the article are as follows:

• Article addresses food costs in Canada
• Food prices increasing across Canada, with lower-income Canadians hit hardest by inflation
• Claims one in five Canadians report going hungry over the last two years
• Fewer people are in a position to donate because their budgets are stretched
• When budgeting food costs, some are eliminating meats due to costs

This article correlates to our previous article: War by Russia on Ukraine threatens world's 'breadbasket' supply 

Costmenu can help restaurant owners address the concerns noted above as we provide the following solutions:

Monitor Real Time Food Prices.

Tracking food prices and prepared item costs are critical to make sure menu items are priced right in order to get the proper returns and to keep your menu items prices as affordable as possible.

Compare different meat product costs against each other.

As mentioned in our prior posts, Costmenu allows users to compare different ingredients such as meat products and their costs against each other and how they change the overall costs. This can be powerful information when needing to replace a more expensive product with another food item.

Cost-effective features by Costmenu.

Costmenu's pricing options are very affordable and will help provide the insight in order to make informed decisions on menu pricing, and where to cut costs elsewhere. Our system will pay for itself with the just information gleaned from analytics. If Costmenu can save you money, then you can pass that savings along to your customers and possibly helping the community at large.

About Costmenu:
Costmenu is a food/menu/recipe costing software that offer many advantages over excel spreadsheets and other inventory management programs. Costmenu integrates a powerful dashboard, food, prepared, and menu item costing features, menu building features, custom qr code label makers, document storage, event/catering management features, data security, performance measurement, data analysis and comparisons, CRM, and generation of various reports. For more information on Costmenu, visit https://costmenu.com, email sales@costmenu.com, or phone (949) 274-4814.