Pray for lots of nice spring rain in Eastern Oregon. And particularly Montana/North Dakota (where they grow the wheat bread flour comes from). Big crop = lower prices.
It wouldn’t suprise me if the price hike has something to do with the wonderful new corn growing industry for ethanol. Everything has gone up because of it. I’m in shock over the price of basic essentials like milk and eggs. Sheeesh!
Your right, ethanol production is a factor, albeit one of the smaller ones. Australia has had 2 years of drought, Europe and Russia had a poor crop last year. World population continues to grow at an exponential rate. So you could argue global warming along with population growth is the root cause.
Along with lots of other interesting food consumption patterns around the world. We Americans spend about twice as much on tobacco and beverages as we do on fruits and vegetables. And I am thinking beverages doesn’t include milk and orange juice. No wonder we have obesity problems and poor health.
How many pizzas do you get out of a “bag” of flour? I can’t imagine you being able to keep prices at their current levels with COGs increasing at that rate!
Pray for lots of nice spring rain in Eastern Oregon. And particularly Montana/North Dakota (where they grow the wheat bread flour comes from). Big crop = lower prices.
It wouldn’t suprise me if the price hike has something to do with the wonderful new corn growing industry for ethanol. Everything has gone up because of it. I’m in shock over the price of basic essentials like milk and eggs. Sheeesh!
Your right, ethanol production is a factor, albeit one of the smaller ones. Australia has had 2 years of drought, Europe and Russia had a poor crop last year. World population continues to grow at an exponential rate. So you could argue global warming along with population growth is the root cause.
But we Americans still enjoy very cheap food. “U.S. consumers spend approximately nine percent of their income on food compared with 11 percent in the United Kingdom, 17 percent in Japan, 27 percent in South Africa and 53 percent in India”.
http://www.ers.usda.gov/Briefing/CPIFoodAndExpenditures/Data/table7.htm
http://www.usoe.k12.ut.us/ate/Ag/agr/facts.html
AND we can get fantastic Pizza whenever we want
I just came across this interesting data from the USDA.
http://www.ers.usda.gov/Data/InternationalFoodDemand/RERUN.ASP?RUNID=258681399&RSTYLE=1&VIEW=FBS&FILETYPE=None&Country=All%20countries&Commodity=All%20commodities
Along with lots of other interesting food consumption patterns around the world. We Americans spend about twice as much on tobacco and beverages as we do on fruits and vegetables. And I am thinking beverages doesn’t include milk and orange juice. No wonder we have obesity problems and poor health.
How many pizzas do you get out of a “bag” of flour? I can’t imagine you being able to keep prices at their current levels with COGs increasing at that rate!
Love your blog BTW.
[...] according to Forbes Magazine. Friend of the blog KeenEye, who owns a gourmet pizzeria in Oregon, reports: Our [...]