00:00Wheat prices in Canada have reportedly jumped 48.4% in a year.
00:05Could that eventually make your bread more expensive?
00:07A powerful El Nino weather pattern could add pressure to grocery prices in 2027.
00:12El Nino changes weather patterns around the world,
00:15bringing drought and heat to some regions and heavy rain to others.
00:19Those extremes can damage crops and reduce harvests.
00:22Food policy researcher Sylvain Charlebois also reports sharp increases in rice,
00:27sugar, corn and soybean prices.
00:30That matters because these ingredients are used in everyday foods,
00:34from breakfast cereal and pasta to tortilla chips and soy milk.
00:38A weaker Canadian dollar could also make imported fruit and vegetables more expensive.
00:43One projection suggests vegetable inflation could reach 5.5% if the currency falls to 68 U.S. cents.
00:51But these are estimates, not guaranteed price increases.
00:54El Nino could add pressure, but how much shoppers actually pay
00:58will depend on weather, supply costs, and currency movements.
01:02Disclosure, this video contains stock footage and content created or enhanced using AI-assisted tools.
