Price fixing schemes are rampant across several commodities industries.
We have seen it here in the U.S. with meat processors and now Canada Bread is admitting its guilt in arranging price increases with its competitors in 2007 and 2011.
The country’s leading bread producer will pay a fine of $50 million dollars. An independent food industry analyst says that it caused bread prices to be double the food price inflation.
Canadian Grocer Trade Journal publisher, George Cordon says that over the fourteen years price fixing period consumers paid out hundreds of extra dollars for their bread purchases.
“The price increase was about 7 cents at wholesale, which meant about 10 cents at retail. Ten cents isn’t going to break anybody’s back, but over a period of time, it can amount to quite a bit. That could, ultimately, have cost a regular bread shopper maybe $400 dollars,” he explains.
The $50 million dollar fine will actually be paid out by Mexican company Bimbo; they bought Canada Bread back in 2014.
In a post to social media, Trump said Venezuela will buy American agriculture products and will use the money from oil sales to make it happen.
January 08, 2026 11:51 AM
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Federal nutrition policy is signaling a stronger demand for whole foods produced by U.S. farmers and ranchers. Consumer-facing guidance favors animal protein, but institutional demand may change little under existing saturated fat limits.
January 08, 2026 11:42 AM
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University of Nebraska President Dr. Jeffrey Gold joined us to share insights on building healthy habits and improving rural health in the year ahead.
January 07, 2026 02:16 PM
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Dr. Rosslyn Biggs with the Oklahoma State University Center for Rural Veterinary Medicine shares insight into biosecurity, preparedness, and animal health concerns facing livestock producers as New World screwworm outbreaks continue in Mexico.
January 07, 2026 12:57 PM
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Tennessee Rep. John Rose joined us to pay tribute to his friend and colleague, Rep. Doug LaMalfa, a true Champion of Rural America.
January 07, 2026 12:20 PM
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U.S. Department of Health and Human Services Secretary Robert F. Kennedy, Jr. and U.S. Department of Agriculture Secretary Brooke Rollins today released the Dietary Guidelines for Americans, 2025–2030.
January 07, 2026 11:55 AM
