Price of bread to rise?

[Brisel]

The UK climate isn't conducive to high protein wheat. Premium brands of bread rely on imported Canadian red wheats to blend with UK. Some brands have managed with all UK wheat but it depends on the year & how good the harvest quality was.

 

[farmerm]

Bread to cost more dough: Price of a loaf set to rise after a surge in the cost of wheat

Millions of families face bigger food bills as the price of bread is set to rise in Britain's High Street supermarkets, according to a new report from food giant Allied Bakeries, citing high prices of wheat.

This is according to an article in the Daily Mail.
@guysmith please please can you get someone in your team to put out a press release saying what a complete load of balls this is given the value of the wheat in an average loaf of bread.
It could possibly point out that as the U.K. tends to have an exportable surplus of wheat that high prices will benefit the economy as a whole.

What bloody surge??

 

[Courier]

@Guy Smith

In that letter it could be prudent to recall the price of a loaf of bread when wheat last reached £200 per tonne.....

 

[Clive]

The UK climate isn't conducive to high protein wheat. Premium brands of bread rely on imported Canadian red wheats to blend with UK. Some brands have managed with all UK wheat but it depends on the year & how good the harvest quality was.

Think this is changing with varieties and contracts

We have doubled the area of Montana this year on a 15% protein contract, some tested at 18% this harvest !

Decent premiums to replace those specialist imports

 

[Brisel]

@Guy Smith

In that letter it could be prudent to recall the price of a loaf of bread when wheat last reached £200 per tonne.....

Try this; https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/czoh/mm23

 

[bankrupt]

Try this; https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/czoh/mm23

Unfortunately, Brisel, your interesting graphic raises more questions about gov.uk, inflation, time series and the economy than it answers.

When wheat was £145 in 1996, the loaf was 55p.

Got that.

Now it's 105p.

Shome mishtake, shurely?

 

[farmerm]

Unfortunately, Brisel, your interesting graphic raises more questions about gov.uk, inflation, time series and the economy than it answers.

When wheat was £145 in 1996, the loaf was 55p.

Got that.

Now it's 105p.

Shome mishtake, shurely?

That puts bread inflation at 5% per year for a 20 year period whilst wheat inflation was 0%

 

[Farma Parma]

id deffo take £300 for my wheat coz in real terms it should be every penny of that with the huge leap in input costs

 

[farmerm]

id deffo take £300 for my wheat coz in real terms it should be every penny of that with the huge leap in input costs

If every grower in the world refused to sell for sell...

 

[Brisel]

If every grower in the world refused to sell for sell...

I like this a lot but it would never happen. I'll bet half would bail out and sell at half that, a few die hards will hold out for £200/t & might get that before jumping ship, having banked a profit. It would never reach £300/t as too many would sell long before then.

 

[fudge]

I like this a lot but it would never happen. I'll bet half would bail out and sell at half that, a few die hards will hold out for £200/t & might get that before jumping ship, having banked a profit. It would never reach £300/t as too many would sell long before then.

Really? If every farmer in the world did this how long before governments seized land? Whilst so much of the world is so poor the need for tariffs and subsidy/government interference in the "free" market will be necessary.

 

[Brisel]

Really? If every farmer in the world did this how long before governments seized land? Whilst so much of the world is so poor the need for tariffs and subsidy/government interference in the "free" market will be necessary.

IF EVERY FARMER IN THE WORLD DID THIS... that's the bit that won't happen! Greed will ensure that.

You're right though, politicians would never allow us to get away with holding the world's food supplies to ransom. What do you think livestock farmers would think about paying double for their feed for a start? It's not as simple as it looks.

 

[farmerm]

IF EVERY FARMER IN THE WORLD DID THIS... that's the bit that won't happen! Greed will ensure that.

You're right though, politicians would never allow us to get away with holding the world's food supplies to ransom. What do you think livestock farmers would think about paying double for their feed for a start? It's not as simple as it looks.

Have to hold out selling stock too until £/kg doubles...

Can we start small... Im holding out for feed wheat @£150...

 

[Grain Buyer]

id deffo take £300 for my wheat coz in real terms it should be every penny of that with the huge leap in input costs

ha, just been chatting to a near neighbour of yours. He said wheat needs to be £200 per tonne.......he actually said, F***king wheat f***ing should f***king well be f****kinging nearer f***king 200 f****king pounds per f****king tonne ya ******** *******"

regardless of his swears, he sounds cheap next to your £300 offer.

 

[farmerm]

ha, just been chatting to a near neighbour of yours. He said wheat needs to be £200 per tonne.......he actually said, F***king wheat f***ing should f***king well be f****kinging nearer f***king 200 f****king pounds per f****king tonne ya ******** *******"

regardless of his swears, he sounds cheap next to your £300 offer.

Think £300 would be milling value, £200 for feed . For now call me when I can have £150/t for 16% moisture wheat..

 

[fudge]

ha, just been chatting to a near neighbour of yours. He said wheat needs to be £200 per tonne.......he actually said, F***king wheat f***ing should f***king well be f****kinging nearer f***king 200 f****king pounds per f****king tonne ya ******** *******"

regardless of his swears, he sounds cheap next to your £300 offer.

Did he say anything about thieving fooking merchants? Sounds like he has his fooking head screwed on.

 

[Iben]

Nothing new here. Prices are always being squeezed. As long as people produce something, the margin will be tight. No matter what business you are in, even those huge companies making millions of profit, have share holders to please, and massive levels of reinvestment required.

If everyone had sold there harvest off the field and bought bitcoins with the proceeds, then there would be a lot of smiling faces! It's all down to choice.

 

[Brisel]

Food & grain prices have been falling, in real terms, for the last 1000 years with the odd blip now & again

 

[bankrupt]

F***king wheat f***ing should f***king well be f****kinging nearer f***king 200 f****king pounds per f****king tonne

You have quoted yet another money-illusionist f**l, Grain Buyer.

Wheat prices hardly ever fell below £600/ton during the 1940-1984 blip.

 

[milkloss]

IF EVERY FARMER IN THE WORLD DID THIS... that's the bit that won't happen! Greed will ensure that.

You're right though, politicians would never allow us to get away with holding the world's food supplies to ransom. What do you think livestock farmers would think about paying double for their feed for a start? It's not as simple as it looks.

Don’t forget the countries where the leaders would lose control of their population because of the rising food price!