On Mar 23, 4:58=EF=BF=BDpm, Dean Hoffman <""dh0496\"@ine$br#as&ka.com"> wrot=
e:
> calderh...@yahoo.com wrote:
> > Many bakeries in the USA are going out of business because they cannot
> > afford to buy flour at today's high prices. =EF=BF=BDToo many wheat farm=
ers
> > have switched to growing corn for ethanol. =EF=BF=BDBy May US wheat supp=
lies
> > will be lower than any time since 1948.
>
> =EF=BF=BD =EF=BF=BD =EF=BF=BD Funny thing about that. =EF=BF=BDThe USDA th=
inks wheat plantings were up
> last year. =EF=BF=BDhttp://tinyurl.com/2aymkd
> =EF=BF=BD =EF=BF=BD =EF=BF=BDA lot of wheat ground went into the Conservat=
ion Reserve Program
> according to this: =EF=BF=BD =EF=BF=BDhttp://tinyurl.com/3aen2r
> =EF=BF=BD =EF=BF=BD =EF=BF=BDOne more thing to think about. =EF=BF=BDA bus=
hel of wheat can make about 70
> loaves of white bread and 95 loaves of wheat bread. =EF=BF=BD That puts th=
e
> value of the wheat in a loaf at under 30=EF=BF=BD even with wheat at $20/b=
ushel.
> Wheat is back at around $11/bushel, I think. =EF=BF=BDhttp://tinyurl.com/2=
d2k64
>
> =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=
=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD=
=EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=BF=BD =EF=
=BF=BD =EF=BF=BDDean
>
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