Buyers from Asda, Tesco, Aldi, Morrisons and Sainsbury’s warned against buying bread in dark post


Buyers are going to be hit by soaring bread prices at supermarkets like ASDA, Tesco, Aldi, Lidl, Morrisons and Sainsbury’s over the coming weeks, experts have warned.

The cost of bread wheat has risen 26.7 percent over the past year as prices hit a nine-year high due to rising global demand, reported Manchester Evening News .

Higher price tags on supermarket shelves are “inevitable”, experts say, despite some of the costs being absorbed by retailers.

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Global food prices are at their highest level in 10 years, with the cost of pasta already rising in recent weeks and other foods are expected to be affected as well.

This comes as other costs continue to rise, including fuel for transportation and gas used in baking ovens.

In fact, it is rising fuel costs, along with the shortage of truck drivers and higher wages to combat the recruitment crisis, that are contributing to the soaring prices of many favorite foods.

Alice Jones, an analyst with the agricultural organization AHDB, said: “World wheat prices continue to climb every week due to supply problems, and UK prices are following global trends.

She added: “As long as world prices continue to rise, domestic prices may continue to rise.”

In a recent review of the world food market, the Food and Agriculture Organization of the United Nations reported a “recent surge in prices for agricultural inputs,” adding: “Higher prices for these inputs will inevitably result in higher production costs, and ultimately higher food prices. “

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Gordon Polson, CEO of the British Bakers’ Federation, told The Grocer: “Energy prices are also on the rise, while shortages and hiring of truck drivers are driving wages up. “

And Allied Bakeries, owner of Kingsmill, said the industry was “exposed to inflationary pressures from the cost of flour, as well as the gas we use in our ovens and fuel for our delivery fleet.”

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