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Sunday, April 19, 2015

Ontario Whole Chicken Pricing

Since launching the SFPFC Database on Canadian Chicken Prices (see Canada's Retail Chicken Price Database), we have now completed the first statistical analysis of the data.

Please keep the data coming.

We need the same type of data for every Province & Territory in Canada, and every grocery store that serves each and every hamlet.

Figure 1:  Ontario whole chicken prices from Nov. 13, 2013 to Apr. 11, 2015 with 22 records, we see the histogram
for price distribution.  The typical US price for chicken is $1.99 per pound ($4.40/kg), so Canadian prices are typically
265% higher than US whole chicken prices.
Figure 2:  Price trend over time for whole chickens in Ontario.  No trend is discernible.
Even though this was a period with declining feed prices, no price trends can be seen.  Inefficiencies, mainly due to market monopoly for quota-based Supply Management likely stopped prices from falling.
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