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Bread to rise on high flour price | Bread to rise on high flour price |
(about 9 hours later) | |
The price of flour and bread in the UK is set to rise because of the soaring cost of wheat, millers have warned. | The price of flour and bread in the UK is set to rise because of the soaring cost of wheat, millers have warned. |
Experts said an 800 gram loaf could increase by about 3 pence as wheat prices have hit 10-year highs, partly due to a drought in Australia. | Experts said an 800 gram loaf could increase by about 3 pence as wheat prices have hit 10-year highs, partly due to a drought in Australia. |
Independent miller ADM Milling said it was heading towards higher prices. | |
ADM Milling's last price rise was in September, and experts say such rapid price increases would be "exceptionally unusual". | |
More dough | More dough |
An ADM Milling spokesman said the company was reviewing the situation "on a daily basis in light of continued upward movement in the world wheat market". | |
Director of the National Association of British and Irish Millers, Alex Waugh, said all millers had been hit by the higher wheat prices. | Director of the National Association of British and Irish Millers, Alex Waugh, said all millers had been hit by the higher wheat prices. |
He said it was likely others besides ADM would raise their flour prices. | He said it was likely others besides ADM would raise their flour prices. |
The Federation of Bakers, representing large-scale bakers, said its members had already suffered from rising fuel and wheat costs. | The Federation of Bakers, representing large-scale bakers, said its members had already suffered from rising fuel and wheat costs. |
"The general principal is that I'm afraid consumers will have to see a price increase because the bakers can no longer absorb these rising costs," said the federation's director Gordon Polson. | "The general principal is that I'm afraid consumers will have to see a price increase because the bakers can no longer absorb these rising costs," said the federation's director Gordon Polson. |
Over 5.6 million tonnes of wheat are used by the UK's flour milling industry each year, though only about 4% ends up being sold to customers as flour, rather than in bread and other products. | Over 5.6 million tonnes of wheat are used by the UK's flour milling industry each year, though only about 4% ends up being sold to customers as flour, rather than in bread and other products. |
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