Bread Prices Likely to Rise, Baker Warns

SAN FRANCISCO -- Bakers may have to raise substantially the price of bread and other baked goods due to the soaring price of flour, an industry leader said this week.

SAN FRANCISCO -- Bakers may have to raise substantially the price of bread and other baked goods due to the soaring price of flour, an industry leader said this week. The price of flour reached a 10-year high in July 2006 -- up 30% over the previous year -- and has remained at that level, an unusual occurrence for a market in which price spikes normally are short-lived, said Craig Ponsford, owner of Artisan Bakers of Sonoma and chairman of the Bread Bakers Guild of America. P

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TAGS: Bakery