How Will You Offset the Rising Price of Flour?

It has been in the news since December. Now it seems that it is going to trickle down to all of us. Estimates are that a price increase of up to thirty percent can be expected. Here is an excerpt from a recent article in The Christian Science Monitor:
“Why the increase? The prime ingredient in flour is wheat, which these days is acting more like oil – rising sharply on commodities exchanges. On Monday, the price of March spring wheat on the Minneapolis Grain Exchange shot up to $24 a bushel, the highest price ever. Within the past month, the price of some types of wheat has risen over 90 percent. Already, agricultural experts say, it’s getting hard to find the type of wheat used to make pasta, noodles, pizza, and bagels.”Supplies of some types of wheat will be extremely tight,” says economist William Lapp, president of Advanced Economic Solutions in Omaha, Neb. “I don’t think we’ll see physical bread lines, but supplies will be just tight.””This leads to the question of how are we going to compensate for the extra price of these wheat based goods. One thing we are going to do is buy a 25lb. bag of flour now, before the price goes up again. This will usually last us around a couple of months for us (we bake a considerable amount of pizza and breakfast goods) if we pace ourselves.Another way to help with this increase in price is to look for ways to decrease your expenses in other grocery categories. One thing that we do is use a price list. Granted, doing this will take a little time and effort, but it will pay off. A fabulous resource that we have used extensively is a program on saving at the grocery store. I cannot begin to explain all the wonderful information we gleaned from this product. Nothing is left out, and the whole process of lowering your grocery expense is laid out step by step.

Once you have found ways to decrease the expense in other categories, that will obviously allow for an increase in your flour and wheat based products. If the price were to increase too drastically though, we will have no choice but to consider a change in diet. There are many programs (Adkins, South Beach, etc.) that sing the praises of a carbohydrate free meal, just are there are those that warn against high intakes of protein. Personally, I love my pastas and bread.

To read the rest of the article mentioned above, please click here.

How do you plan to deal with the increase in the price of wheat? Do you have bread with every meal?


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