Flour Market

[brad_randall]

We’ve become more interested in the flour market as of late (for painfully obvious reasons). Came across the General Mills website - kind of like a CheeseReporter for flour. Does anyone know how to read these charts other than the scary trend? How are our flour prices derived from these numbers?

Anyone? Anyone?

 

[system]

brad randall:

We’ve become more interested in the flour market as of late (for painfully obvious reasons). Came across the General Mills website - kind of like a CheeseReporter for flour. Does anyone know how to read these charts other than the scary trend? How are our flour prices derived from these numbers?

Anyone? Anyone?

Chicago Board of trade for wheat futures…trading close to $10 a bushel, more than double from a year ago,
Otis

 

[xpk]

market conditions on flour are imperative to your biz…need to find out from your supplier there re order timing…

market continues to increase…order up prior to their next incoming purchase order
up another 7.00 per 100 weight