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Wheat prices surge raise food costs across groceries
Wheat prices have tripled in 10 months driving up bread pasta and pizza costs. Experts warn about an 80 percent rise in grocery prices with wheat feeding livestock and billions in commodity bills. Consumers like Maria Cardena report bread jumping from 69 cents to 1.09 a loaf while bakers and producers brace for ongoing higher costs and potential price relief delays.
MENTIONED IN THIS ARTICLE
Lapsock
Texas
Michael Bittel
King Arthur Flour Co
Norwich
Maria Cardena
Lubbock
Australia
Europe
U.S
China
Bob’s
Red Mill Flour Company
Dennis Gilliam
Milwaukie
Ore
Minneapolis Grain Exchange
Steve Mercer
U.S. Wheat Associates
Panera Bread Company
Kraft Foods Inc
Lisa Gibbons
King Arthur
Bittel
America
Washington
Bush Administration
Congress
Lee Sanders
American Bakers Association
Ukraine
Russia
Argentina