Monday, April 28, 2008
What $1700 worth of flour looks like
We took delivery of our first ever pallet of flour on friday...we saved about $4 a bag ($200)
Update on flour prices...I know I'm going on about this, but, I finally looked farther into it than the main media coverage and it looks like quite a combination of factors have led up to this huge increase, a 'perfect storm' , if you will, of high fuel prices, high demand overseas, and the demand that many states have to meet quotas imposed by the government to produce more bio fuels. Incentives to farmers have favored corn and soybeans...it's all so complicated it'll make your head spin! The good news, so the wheat council says, is that in coming wheat crops will exeed any past records of production, provided that the wheat growing areas are not hit with drought.