Tridge summary
A severe drought in Canada, the main wheat supplier, and supply issues in Italy have caused a potential surge in pasta prices for UK residents. Durum wheat, a crucial ingredient in pasta, has seen a near 90% price increase this summer. Jason Bull, director of Eurostar Commodities, predicts a 50% hike in the cost of spaghetti, with the price rise likely to begin next month. The high cost is expected to result in pasta shortages in supermarkets, with manufacturers set to pass on the increased costs to consumers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Residents of the United Kingdom have been warned about the possible rise in price of pasta due to problems with the wheat harvest in the main supplier country (Canada) due to the catastrophic drought in 2021. This was reported by comments.ua, writes agronews.ua. The catastrophic season means that buyers from the UK can pay 50% more for pasta. In the coming months, buyers can expect to pay more for pasta due to a lack of a key ingredient after a catastrophic growing season. The fight for durum wheat has raised prices by almost 90% this summer after a drought and high temperatures hit farms in Canada, one of the largest producers. There are also supply problems in Italy, and one food industry expert predicts that a package of spaghetti could end up costing up to 50% more. The high price could lead to a shortage of pasta in supermarkets, said Jason Bull, director of Eurostar Commodities, which imports more than 10,000 tons of food ingredients each year. He added that the scale of the ...
Source: AgronewsUA
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