Author Topic: Talk about flour @0.60 then $1.00 lb.  (Read 2928 times)

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Offline pcampbell

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Talk about flour @0.60 then $1.00 lb.
« on: February 17, 2008, 07:37:13 AM »
I've been buying and really enjoying the 50# bag of KA BF @ $17, it is half as expensive as in 5# bags.  On the ThinkTank (http://www.pmq.com/tt) they are talking about flour going up to $1.0 per lb!  What is going on?  I just bought a few 5# bags of Pillsbury junk flour (for cookies and pancakes!) for $1.00 each.
Patrick


Offline DieselAddict

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Re: Talk about flour @0.60 then $1.00 lb.
« Reply #1 on: February 17, 2008, 08:17:06 AM »
After reading this I did some searching myself. I don't think this issue has gotten the press that it is about to get.

Here is something to check out - www (dot) reuters.com/article/businessNews/idUSSYD3360420080211

Online Pete-zza

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Re: Talk about flour @0.60 then $1.00 lb.
« Reply #2 on: February 17, 2008, 09:12:32 AM »
This is the link that DieselAddict referred to: http://www.reuters.com/article/businessNews/idUSSYD3360420080211. King Arthur has an item on the subject at http://www.kingarthurflour.com/about/high-wheat-prices.html.

For those who are interested, General Mills has a Market Tracker at its website at http://www.gmiflour.com/gmflour/markettracker.asp that tracks wheat futures and the like.

Pizza operators are getting hammered from every direction: flour, cheese and high transportation costs (because of high energy prices).

Peter

Offline ebpizza

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Re: Talk about flour @0.60 then $1.00 lb.
« Reply #3 on: February 17, 2008, 10:25:10 AM »
One of my favorite imported brands of tomatoes just went up in price 10%.

Italian wine prices have also increased.


Offline fazzari

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Re: Talk about flour @0.60 then $1.00 lb.
« Reply #4 on: February 19, 2008, 05:06:02 PM »
Just an interesting note...part of the huge demand for grains is due to the rising standards of living in some third world countries.  As their standards rise, so does their demand for meat, which in turn causes the demand for grains.

John

Offline Mad_Ernie

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Re: Talk about flour @0.60 then $1.00 lb.
« Reply #5 on: February 19, 2008, 05:15:32 PM »
I think a lot of the rising costs are simply due to rising fuel costs, as Peter pointed out with transportation.   But I don't think it's just transporation of the final ingredients to their final destination - it's the transporation of everything, including your workers, harvesting, etc.  Trickle-down in the worst sense.
Let them eat pizza.

Offline Bluesology

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Re: Talk about flour @0.60 then $1.00 lb.
« Reply #6 on: February 24, 2008, 01:29:48 AM »
The store I work in has a brick oven and does hearth baking - the production manager told me recently about prices going up quite a bit.  It sounds like it is mainly due to supply.  His sales rep said that the company was telling them not to take on any new clients because they may not be able to meet demand.

Offline Garlic head

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Re: Talk about flour @0.60 then $1.00 lb.
« Reply #7 on: February 24, 2008, 01:53:15 AM »
Within the last month, pasta has gone from $1 to $1.39 per pound where I shop.  :'(

Offline pcampbell

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Re: Talk about flour @0.60 then $1.00 lb.
« Reply #8 on: February 24, 2008, 07:13:24 AM »
Pasta went up to $0.89 or something at trader joe's from $0.69.  I looked into buying bulk pasta, but it didn't seem to be cheaper, but actually more expensive than at the grocery store.  We used to buy 1 # of Ronzoni pasta for 33 cents and I haven't seen anything like that in a while. 

I was able to get a 50# bag of whole wheat for 17 but 50# bag of hi gluten or KA bread had gone up to 26#.   
Patrick

Offline enchant

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Re: Talk about flour @0.60 then $1.00 lb.
« Reply #9 on: March 24, 2008, 04:37:49 PM »
Last week at Roch Bros supermarket (south Boston burbs), KA AP flour was on sale for $2.50 for a 5# bag.

Should the high-gluten be that much more?
--pat--


Offline Essen1

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Re: Talk about flour @0.60 then $1.00 lb.
« Reply #10 on: March 24, 2008, 04:48:01 PM »
No kidding...I saw KA BF for a whopping $5.69 for a 5lb bag here in the Bay Area yesterday.

Mike

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Offline Bluesology

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Re: Talk about flour @0.60 then $1.00 lb.
« Reply #11 on: March 31, 2008, 12:09:02 AM »
According to our sales rep, the supply problem causing flour prices to jump is related largely to farmers who once grew wheat switching over to corn because of ethanol subsidies.

The price of a five pound bag of KA AP jumped up a dollar fifty here.

Chad


 

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