The Food Journal and Food, Nutrition & Science

An alliance between The Lempert Report and The Center for Food Integrity

What do you predict will happen to the price of wheat?

What do you predict will happen to the price of wheat?

Shoppers and Trends

April 26, 2009

In last month's issue we reported on the current drought effects on the winter wheat crop. To recap, the Storm Exchange World Climate Service Spring climate forecasted the warm and dry conditions to persist into May over the Southern Plains. With some portions of Kansas, Oklahoma, and Texas seeing less than 20% of normal rainfall earlier in the year, wheat quality was at risk of degrading further.

To make bread, the optimum protein level is between 11.5 and 14%, which allows dough expansion and a sufficient density. Late emerging crops can lead to protein levels below 11.5%, resulting in poor quality wheat. Subpar quality wheat can be used in the food making process when it is combined with wheat in better condition, but wheat quality is still likely to have an effect on many foods found in the supermarket.

We asked our readers based on the weather over the past six months, what they predict will happen to the price of wheat. Sixty-eight percent said they predict prices will go up, while 25 percent said they predict prices will stay the same. Another seven percent predict prices will go down.