Wheat Pricing

I am not a conspiracy theorist, but...
Why, in this great, vast land of ours could we face a shortage of the most basic of food staple items. Wheat prices have tripled in the past 12 months. There is not 1 American Family not affected by this. Reasons from the horribly devalued dollar and crop failures overseas partially contributed to the initial increases.

At this point the wheat growers, millers and distributors must be looking at the phenomenal earnings from the gasoline companies and trying to get in on the action.

Volatile markets and speculators are driving these prices so high that many small bakeries will be forced out of business! I guess that will solve the problem – no more shortages if there are no bakeries.

Everyone need to calm down a bit. Forcing the prices higher on staple items will only contribute to the fear and certainly push the reality of a full blown recession, regardless of what the Fed does with interest rates.

90 % of bakers only keep a week worth of Flour on hand. There are no silver bullets out there for us. We have to take the increase and we have to pass it along, unless we are tired and just want to call it quits, close up, take a vacation and wait for the markets to come back down.

What would you rather see in the bakery window?.. Sorry Folks, no bread today, market too high for us! ..or.. Bread sale $5.99/ 1lb loaf.

Life is too short – we cannot give up on the simple bread or scone with your coffee AT HOME. I can only imagine what any of the 7 Starbucks around my house will charge for a single slice of bread – they already get 1.95 or more for most. Latte and a slice of poppy berry bread will be $6.10. Sure goes make gas look cheap. Maybe the oil guys are behind all this?