[Sca-cooks] Current farm prices and affects on feast budgeting
t.d.decker at worldnet.att.net
Sat Feb 16 17:22:35 PST 2008
That's the Quarter (Sept-Nov 2007) price increase (based on USDA Economic
Research for Kansas City). Five dollars (or around 25% increase) in three
months. One year ago the price was $12.44, today it's $20.59. That's about
a 40% increase in wheat prices in one year and the trend is upward.
Wholesale value of the flour and byproducts is about 30% more. Then you add
in transportation, baking and sales costs and your probably looking at 300%
over wholesale. I'm betting the farmer's 12 cents will cost us 50 cents.
Over the past two years, bread and flour prices around the world have risen
between 40% and 75%. We're just beginning to feel the hit.
> And how much of the cost for a loaf of bread is from the wheat? They are
> talking about changes from around $15 to $20 per BUSHEL.
> A bushel of wheat is 60 pounds or about 40 loaves of bread. So for each
> loaf of bread about 12 cents more goes to the farmer. I don't think that
> is going to break anyone.
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