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went to the bakery to buy bread today
04-07-2014, 11:42 PM #1
j browsing Member
Posts:5,158 Threads:1,098 Joined:Jul 2012
the same bread I bought last week was priced at 1.69 per loaf..today it was 2.59..i asked about the increase ..was told it is high because wheat prices have shot up uhoh.gif

"when life gives you lemons..throw them at someone"...Grumpy Cat good.png
04-07-2014, 11:49 PM #2
j browsing Member
Posts:5,158 Threads:1,098 Joined:Jul 2012
CHICAGO — It’s been a double-whammy winter for wheat farmers in the United States, the world’s largest exporter.

With drought already sapping soil moisture across the Great Plains, the biggest growing region, a polar vortex in early 2014 draped fields in a deep freeze, killing more plants than normal. Since crops began going dormant in November, conditions have deteriorated by the most in five years, said grain brokers Jefferies Bache and CHS Hedging.

















“My main concern is the lack of subsoil moisture,” said Ron Suppes, 62, who farms about 10,000 acres near Dighton, Kan. “We have received less than a third of the normal rain since we planted. Without more than a half inch of rain in the next two weeks, the crop will decline very quickly.”


The prospect of crop damage is escalating supply concerns that sent Chicago wheat futures to their biggest rally to start a year in three decades. Prices jumped to a 10-month high March 20 after Russia’s annexation of the Crimea region in Ukraine boosted the risk of disruptions to grain shipments from the Black Sea. U.S. exports for delivery before the harvest in June are up 19 percent from last year, and domestic inventories on March 1 were down 15 percent from a year earlier.


Extreme weather is raising costs for consumers, sending world food prices to a 10-month high in March as crop damage from dry conditions across the globe lifted everything from meat to dairy to grain, United Nations data show. The U.S. retail price for all-purpose white flour reached a record 55.5 cents a pound in February, up 5.9 percent from a year earlier, data from the Bureau of Labor Statistics show.


Wheat futures on the Chicago Board of Trade jumped 16 percent in March, the biggest monthly gain since July 2012, and are up 11 percent since Dec. 31 at $6.74 a bushel. Prices touched a 42-month low of $5.50 a bushel on Jan. 29. The Standard & Poor’s GSCI Spot Index of 24 commodities rallied 1.9 percent in 2014, led by gains in coffee, hogs, corn and nickel. The MSCI All-Country World Index of equities advanced 1.3 percent, while the Bloomberg Treasury Bond Index gained 1.4 percent.http://www.columbiatribune.com/business/against-the-grain/article_f724f754-be6c-11e3-9edb-001a4bcf6878.html

"when life gives you lemons..throw them at someone"...Grumpy Cat good.png
04-08-2014, 12:02 AM #3
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
gaah.gif this is sorta scary
04-08-2014, 12:07 AM #4
Gumby AKA Chtumby
Posts:1,599 Threads:208 Joined:Mar 2013
We went shopping this past weekend, the prices were so high I refused to but some things.
I stopped buying chicken wings all together. Just 5 years ago they were .89 cents a pound. I saw them 'On Sale' this weekend $2.99 cents per pound. Sheesh.

I have a bread machine and make most of our bread. But the Price of Bread flour is souring as well. So is the three packs of Yeast I buy. Went from 99 cents a Three pak to 3.99 a three pack in less than a year.

Its almost as if they know your trying to beat the system by making your own bread.

Beef is no longer on the menu because of the price. Pork and Chicken. Fish if its on sale .

Im not sure where this is going, but I don't see any prices being lowered any time soon.

I see Elderly people pushing carts through the store, with 1 banana and a can of dog food and such.

I fear they may be eating this dog food because its what they can afford.

damned.gif


Don’t waste your time online, invest it with steemit.com
04-08-2014, 12:09 AM #5
UniqueStranger Art in my heart
Posts:14,898 Threads:420 Joined:Jun 2012
Hopefully the prices will lower once our Canadian wheat gets to you guys. Right now it's still bottlenecked due to government idiots.

Quote:“There’s a lot of Canadian wheat that will hit the market from May to July,” O’Dea said. “Consumers are a little nervous watching the U.S. crop conditions, but we have a lot of bushels sitting in Canada.”

http://www.columbiatribune.com/business/...f6878.html
04-08-2014, 12:12 AM #6
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
Hi Gumby, I use my bread machine too but only to do the work. Put in the ingredients with regular cheap slow rise yeast ($5/lb in bulk) then shape into loaves or buns whatever, let it rise again then bake in the oven.
04-08-2014, 12:17 AM #7
Gumby AKA Chtumby
Posts:1,599 Threads:208 Joined:Mar 2013
(04-08-2014, 12:12 AM)Shadow Wrote:  Hi Gumby, I use my bread machine too but only to do the work. Put in the ingredients with regular cheap slow rise yeast ($5/lb in bulk) then shape into loaves or buns whatever, let it rise again then bake in the oven.

That's a good idea Shadow I might have to go to that method. Ive made Pretzels like that before that came out pretty good.


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04-08-2014, 12:24 AM #8
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
I like it much better than baking it in the machine. I'll throw in spices and seasoning and onion and cheese or raisins, nuts... whatever. Way better cheers.gif
04-08-2014, 12:41 AM #9
j browsing Member
Posts:5,158 Threads:1,098 Joined:Jul 2012
and the price of sugar will sky rocket this fall..the farmers up here are having trouble getting in the sugar beets because of flooding in the fields ..sugar beets are big business up here

"when life gives you lemons..throw them at someone"...Grumpy Cat good.png
04-08-2014, 12:52 AM #10
j browsing Member
Posts:5,158 Threads:1,098 Joined:Jul 2012
http://kernssausage.com/ where I buy bread ..they bake it fresh every morning..i get it when it's still warm..they also sell meat for tonights dinner I got two chicken quarters for 1.30 ..fresh from the farm

"when life gives you lemons..throw them at someone"...Grumpy Cat good.png
failboat Show this Post
04-08-2014, 01:31 AM #11
failboat Incognito Anonymous
 
noticed the same thing here. food prices have risen during the past 6 - 12 months. i definitely spend more money on groceries than i did before but it doesn't hurt me yet.
04-08-2014, 01:38 AM #12
Accidental Stoner Member
Posts:8,819 Threads:70 Joined:Feb 2011
Try my best to eat ecologically.

So I'm already used to food digging
a rather substantial hole in my finances.

Hurts every time I'm forced to go with the
cheaper RoundUp and E-laden sheit.


Now for some ecologically produced doobie.gif
Then maybe I'll sleep...
04-08-2014, 01:39 AM #13
Octo Mother Superior
Posts:42,612 Threads:1,469 Joined:Feb 2011
Nobody should be eating wheat and sugar on a regular basis.

İmage

37.gif Homebaked wins every time. I love baking! beercheer.gif Just not with grains.
04-08-2014, 02:13 AM #14
Gumby AKA Chtumby
Posts:1,599 Threads:208 Joined:Mar 2013
(04-08-2014, 12:24 AM)Shadow Wrote:  I like it much better than baking it in the machine. I'll throw in spices and seasoning and onion and cheese or raisins, nuts... whatever. Way better cheers.gif

Try adding crumbled up cooked Bacon drool.gif


Don’t waste your time online, invest it with steemit.com
04-08-2014, 02:26 AM #15
blind prophet Member
Posts:527 Threads:11 Joined:Nov 2012
I think there was a wheat shortage in Russia about a year ago. This should have affected wheat products pretty heavily. The big shortage in Russia was back in 2010, basically doubling the prices.

http://www.ft.com/cms/s/0/b2b7fdde-75f0-...z2yFHS1liV

As you can see they still are having trouble I believe, thus making prices increase.

Have no explanation on a one day change in price.

I just bought a lot of gourmet food on Friday for a special dinner if you want to know what a high end home made meal will cost you.

2 small Rib-eye steaks, 1 filet mignon
Small grape tomatoes, with a small salad bag, + croutons
Asparagus, 2 baked potatoes
A few things for the steak marinate, my wife insists on the marinate, I would just bbq if I could....like some brown sugar, tarragon, low sodium soy sauce

That was over 60 bucks right there. Of special note the asparagus was like 5 bucks, which is absolutely outrageous.

The brown sugar was only like 1.25, without the soy sauce and tarragon our bill would have still been close to 60 bucks.

At least you can buy bulk amounts of wine on the cheap in Cali.

I turned myself to consider wisdom and madness and folly
The wise man’s eyes are in his head,
But the fool walks in darkness.
Yet I myself perceived
That the same event happens to them all.



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