Here is a little bit of news that you can use. It is time to stock up on your flour and wheat as much as possible within your budget for the next few weeks. Whether you use wheat flour, all-purpose flour or bread flour, you’ll want to put by a good stockpile. This is because analysts are predicting record high prices for wheat and wheat products. One story in the news predicts that bread may go as high as $5 a loaf by the end of the year.
While I’m not sure that bread prices will soar quite that high, there is no doubt in my mind that bread and flour prices will indeed rise in the next two months. We have been seeing some steady increase in There are two reasons for this. The first is that the wheat crop this year really suffered, leading to shortage. The other reason is that many farmers who usually plant wheat have instead planted corn to feed the consumption of ethanol, an alternative fuel. This is led to a shortage of wheat as well.
There are so many products that reply on wheat, from breads to cereals and more. So, bread and flour won’t be the only foods that are affected.
Here is what I advise. Homemade breads will naturally cost less than store bought breads, so you can save some money this way. Stock up on flour and bread. You can freeze bread for a long time, and flour will keep well in an air-tight container, especially if it is first frozen for 24 hours. If you must have cold cereal, buy it now.
By coincidence, I just bought a 25-pound bag of organic flour out in Lancaster. I’ll probably go back and get another one in the next few weeks. I’ll also stock up on wheat flour, bread flour and oats. Why oats? They are a good alternative to flour in many cases, because they can substitute for breakfast instead of cold cereal. Oatmeal cookies use less flour than other types of cookies. And the oats can be used as filler in meals.
Mary Ann Romans writes about everything related to saving money in the Frugal Blog, technology in the Computing Blog, and creating a home in the Home Blog. You can read more of her articles by clicking here.
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