The price of wheat will skyrocket!

Originally Posted By Mr X

I've been watching the commodities market pretty closely, and the way wheat prices are moving is quite stunning.

Basically, so as not to "get carried away" there is something called a "lock-up limit" which stops the trading if the price rises a certain percentage in a day (I THINK it may be 10%, but maybe it's 5%).

Anyway, wheat has been hitting that lock-up limit OFTEN, and recently it seems like trading has just gotten started when it locks and is done for the day.

This is day after day at this point.

Crazy.

 

Originally Posted By Mary Poppins

I know it's unhealthy but I love the bread and grains section of our Canadian food guide. I wonder if home baking will rise as much (i.e. the cost of flour). I will definitely do more baking then.

 

Originally Posted By SuperDry

<<< I wonder if home baking will rise as much >>>

If done properly, it should.

 

Originally Posted By Mary Poppins

I thought that would get a "rise" out of you.