We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
ACCEPT Reject
Already have an account? Sign in.

 Remember Me | Forgot Your Password?
Home Manage Alerts Archive Archive About Us Register Now   Not a User? Join now

Drought Will Push Up Prices Of Baked Goods In 2018

July 26, 2017: 12:00 AM EST
The USDA reports that grocery and restaurant costs for baked goods and cereals could jump four percent next year on average, thanks to a drought-induced reduction in wheat production. Farmers will be getting higher prices for their wheat, and imports will decline, driving up prices for baked goods. Some will feel the pinch more than others, depending on the type of wheat used. An agri-economist notes that “not all wheat is created equal,” so the prices of products like pizza dough and bagels will rise more than wheat flour. [Image Credit: © Dunkin' Donuts ]
Alan Bjerga, "Higher Costs Make 2018 a Great Time to Cut Carbs", Bloomberg Markets, July 26, 2017, © Bloomberg Finance L.P.
Domains
FOOD BUSINESS NEWS
Market Segments
News
Market News
Production
Source & Supply Chain
Trends
Bakery & Cereals
Bread Revival
Geographies
Worldwide
North America
United States of America
Categories
Companies, Organizations
Market News
Products & Brands
Home | Privacy Policy | Terms and Conditions | Contact Us Copyright © 2000-2022 Business360 Inc. All Rights Reserved
Developed by Yuri Ingultsov Software Lab.