Food prices to remain high despite worldwide record wheat crop
TORONTO - Groups such as the Canadian Wheat Board and the U.S. Department of Agriculture are predicting a record wheat crop worldwide this year, but warning prices will remain high
The higher quality wheats, used to make bread and pasta, are also in short supply and likely to remain high.
Over the past decade, the price of bread has increased by 87 per cent,
going from an average of $1.30 in’98 to $2.43 per loaf, according to a
recent study done by the Ontario Association of Food Banks.
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