Last week, I noticed the bread I occasionally buy when I run out of my yummy homemade, had gone up 50 cents a loaf, a whopping 25% increase on bread since August! In my most recent newsletter, I wrote about how my wheat supplier had had to raise prices about 25% recently.
Yesterday, another grain supplier wrote to us saying:
“Wheat prices are very unstable and are climbing daily. We have no choice but to raise our prices. This also affects the price of flour-which in a few weeks will affect the price of our baking mixes. It’s is a merry-go-round. “
If ever there was a good time to start baking your own bread, now is the time. The cost of the grain is only a small portion of the cost of bread and baked goods purchased in the store.
Commercial bread and baked items include the cost of the plastic disposable packaging, the bakery’s overhead for producing the bread, the transportation costs to ship the bread from the bakery to the store, the bakery manager’s salary, and other costs of purchasing ready-made breads.
If you are able to save just $10.00 a week on commercial breads and baked goods by making them yourself, you will have a $520.00 nest egg, more than enough to justify an investment in a grain mill.
How are you handling these large price increases on bread and cereal products?
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