Borealis Breads News
The news here is not so good. The price of flour has skyrocketed, as have the
prices of all our ingredients. Part of it is the rising cost of oil which makes
everything we buy more expensive.
On top of that, wheat crops all over the world have been affected by weather.
There's been drought in Australia, rain in Europe, frost then flooding in Argentina,
and both drought and rain in Canada and the US. Prices for some flours have doubled
and doubled again. Subsidies for expensive bio-fuels have lead to acreage being
taken out of wheat production. There's a world-wide shortage of wheat.
That means the price of all baked goods is going up, and Borealis prices are going up
as well. We're working hard to minimize the impact on our customers, but we have no
other choice than to raise our prices.
To get a sense of what's been happening, look at this recent articele on
canada.com or this article in the
New York Times.