FFH
Veteran Member
Monthly Chart Showing the Price of Wheat from 1999 through the end of 2007
The price of wheat was in the 900's at the end of 2007, now it's already above 1100 in the first quarter of 2008, with a 5 percent increase in price just today, Feburary 25, 2008: Daily Wheat Price Quote
I first noticed the price change at Walmart, where I purchase whole wheat spaghetti. I always buy this particular brand of whole wheat spaghetti at Walmart and thought it was odd that the price had changed so quickly. There was just too much of a price change too fast, in just a week or two, since I last bought it, uncharacteristic of Walmart and their pricing. Walmart soy milk also had a noticeable price hike (another item I buy often at Walmart), again very uncharacteristic of Walmart pricing.
The price of wheat was in the 900's at the end of 2007, now it's already above 1100 in the first quarter of 2008, with a 5 percent increase in price just today, Feburary 25, 2008: Daily Wheat Price Quote
I first noticed the price change at Walmart, where I purchase whole wheat spaghetti. I always buy this particular brand of whole wheat spaghetti at Walmart and thought it was odd that the price had changed so quickly. There was just too much of a price change too fast, in just a week or two, since I last bought it, uncharacteristic of Walmart and their pricing. Walmart soy milk also had a noticeable price hike (another item I buy often at Walmart), again very uncharacteristic of Walmart pricing.
We're in the last days, no doubt about it. Christ will soon return for his own. I hope I'm ready when that time comes.
I'll be getting more 50 pound bags of wheat before it goes too high. Last time I checked it was at 15 bucks for a 50 pound bag, but that was about a year ago. I used to be able to buy it for about 10 or 11 bucks a 50 pound bag. Those days are gone now I guess.
I eat it every day now. I grind whole wheat kernals fresh each week in a home whole wheat (grain) grinder, then take it to work and mix it up in a huge dough mixer and make whole wheat pizzas for myself to eat here at work. They're yummy.
These higher wheat and other food prices will affect food businesses. Things are already tight as it is, but for some reason the price of cheese dropped drammatically. It was as high of around 2 30 a pound ljust lasst month, now its around 1.80 and dropped about the same time wheat spiked this month.
Also see: Barley Monthly Price Chart 1999 thru 2007
Also see: Barley Monthly Price Chart 1999 thru 2007