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langfam
Member
| Joined: | Mon Dec 17th, 2007 |
| Location: | Georgia USA |
| Posts: | 33 |
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Offline
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Posted: Mon Mar 3rd, 2008 02:54 pm |
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"The price of wheat has surged in the past month because of constraints to global supply and swelling demand from places such as China. But its volatility is as much of a concern as its price.
Spring wheat for March delivery fell $1.75 Thursday to close at $18.25 a bushel on the Minneapolis Grain Exchange. It traded as high as $25 a bushel this week. Wheat historically trades at $3 to $7 a bushel."
I got this quote from this article:
http://www.foxbusiness.com/personal-finance/lifestyle-money/article/surging-wheat-prices-burn-pizza-makers_501497_20.html
How will this affect Bread Beckers prices for wheat?
Thanks.
langfam
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jimcarpenter
Administrator
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Posted: Tue Mar 4th, 2008 06:40 pm |
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I'm not sure about the quote from Fox news; it does not agree with current sources of commodity info. But, we are seeing grain prices go up on almost every order we place.
Global demand (China), poor harvest in Australia and Argentina, demand for ethanol, and fuel prices all have an effect on all of the grain prices.
The ethanol program is causing more farmers to divert acreage to corn, where prices are better for them.
Of course, fuel prices affect EVERYTHING. Fuel moves products to the farm, around the farm, from the farm to the grain elevators, from the grain elevators to wharehouses and manufacturers, from the warehouses out to the retail customers.
We believe prices will stabilize, eventually. In all cases, though, freshly made bread is still way more nutritious than what you buy at the store!
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Gigmaster
Member
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Posted: Tue Feb 10th, 2009 02:55 pm |
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Regardless of what grain costs, or will cost, I will never go back to store-bought pre-made stuff. If grain was $200.00 a bucket, it would still be better than commericial bread and flour. It saves you that much just in reduced doctor visits.
My wife and I have de-toxed ourselves to the point that if we have to eat commercial foods with any additives, MSG, etc..., or drink tap water, we feel very sick for days.
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