UK bread wheat producer prices have reached a record high of £276/tonne (€326.34/tonne) for December delivery, the highest since electronic registration began in January 1990. This increase is due to a perceived market shortage and a rise in domestic feed wheat prices. While this may not directly lead to an increase in the price of bread in supermarkets, global supply issues and bad weather in Australia could continue to drive up wheat prices. However, it's important to note that the price of bread is influenced by various factors beyond the price of wheat.