Mrs. Dunster's dilemma: Volatile wheat market is putting the squeeze on bakers

If Hyslop doesn’t sign more contracts before then, he’ll pay the market price when his flour runs out. That could be trouble, if inflation keeps up this frantic pace. But there’s also the risk that by booking more contracts now, he’s inadvertently locking himself into a peak rate.

But then Russia invaded Ukraine, sending global commodity markets, and wheat prices in particular, into a panic — forcing Canadian bakers into some tough calls. The invasion is liable to have serious impacts on food security outside Ukraine as well, if countries that depend on the region’s grain crops continue to be cut off from shipments and then have to pay higher prices in a tighter global market.“It’s tragic in the Ukraine, but it’s wider than that,” Ted Bilyea, a distinguished fellow at the Canadian Agri-Food Policy Institute, said in an interview last week. “This is lunacy.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Russia's Ukraine Conflict, Big Inflation Report Will Keep the Stock Market Volatile in Coming WeekRussia’s invasion of Ukraine will continue to be a major focus, as wary investors also watch fresh inflation data and the rising price of oil.
Herkunft: NBCDFW - 🏆 288. / 63 Weiterlesen »

'Edward Scissorhands' House Hits the Market for $700KThe house featured in 'Edward Scissorhands' has been put back on the market, and includes memorabilia from the film.
Herkunft: TMZ - 🏆 379. / 59 Weiterlesen »