Prices of baked goods to increase due to poor harvest

31-08-2012

The associations of Czech millers and bakers on Friday warned that this year’s poor wheat harvest would increase the prices of bread and other baked products. The wheat harvest is expected to be some 20 percent lower this year due to long periods of drought; that means that one ton will sell at 6,500 crowns, some 30 percent more than in the first half of this year. It’s not clear by how much the prices of bread will increase as bakers’ associations will hold talks with supermarket chains in the coming months; however, bakers say their costs have risen by 20 percent this year due to increased prices of fuel, energy and grain.