“Wheat prices reach record level

 

Wheat prices have hit record highs on global commodity markets, bringing the threat of rising bread prices.

Bad weather in key grain growing areas such as Canada and parts of Europe has limited supplies as demand has risen, sparking fears of a supply shortfall. ... Global wheat stockpiles will slip to their lowest levels in 26 years as a result....”

http://news.bbc.co.uk/1/hi/business/6962211.stm