The megadrought in the United States is just one factor driving up the price of your bread

Published 2021년 7월 21일

Tridge summary

Drought conditions in the U.S. and Canada are causing significant issues in the wheat market, leading to higher production costs for millers and potentially driving up the price of flour and baked goods. The situation is especially dire in the Pacific Northwest and Northern Plains, where the majority of the country's spring wheat is grown. The article highlights the challenges faced by farmers, millers, and bakers, including the impact of climate change, supply chain disruptions, and the need for more sustainable farming practices. Some growers are experimenting with drought-resistant heirloom wheats and regenerative farming methods in response to these challenges. Additionally, the article discusses the potential effects of the drought on crop insurance and the role of President Biden's infrastructure plan in addressing food system resilience.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Last spring, pandemic-related supply chain issues led to too little flour on supermarket shelves, just as cooped-up consumers turned to home baking for comfort. The problem was never a shortage of flour or wheat. Rather, the challenge involved a slow pivot to retail packaging, transportation and logistics delays, grocery store labor shortages, and panicked pandemic buying. This year, there’s new trouble. Historic drought conditions have already destroyed or damaged crops in the West, Northern Plains, and Southwest, key U.S. growing regions for certain types of wheat. According to a July 6 report from the USDA, approximately 98 percent of the country’s spring wheat production is in an area experiencing drought conditions. Thanks to carryover inventory from 2020, there’s still plenty of wheat to go around. But the drought is just one of many factors playing havoc with the prices mills pay for wheat: Rising costs across supply chains, as well as volatile commodity grain markets ...

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