Pasta lovers must brace to pay even higher prices for their favorite dish, as drought in Canada and bad weather in Europe damages crops of durum wheat and reduces supplies available to flour millers and food companies.
Yeah even the article admits they're not even trying to produce as much durum wheat as they have been in the past, yeah, there's some drought and stuff but it's not really to blame for this because our agriculture system knows the risks of drought and should be able to compensate. What's happening is artificial scarcity. Our whole agricultural system is broken. Its priorities are fucked by quotas and subsidies and its in large companies interests to keep things fucked so they can profit. The days of the family farmer are gone, the whole food supply chain has just turned into yet another oligopoly that wants to bleed everyone of as much money as they possibly can.
The drought has screwed a lot of things. Expect meat prices to skyrocket next year. Hay crops have been really bad I have been hearing 50% and lower for hay yeilds. I imagine other crops are similar, I know the wheat was insanely short this year.
even the article admits they’re not even trying to produce as much durum wheat as they have been in the past
Who is supposed to try? Durum is quite picky about climate. Western Canada has the right climate, at least historically, but yields have plummeted (perhaps because the climate is changing). That's how we got into this situation.
Our whole agricultural system is broken.
Or perhaps it is the consumer demand is broken? As the article notes, you can use softer wheats in durum's place. It's doesn't quite give the same texture, but it's still pasta at the end of the day. Softer wheats are far less picky about climate, and have been crashing in price of late. The traditional hard and soft wheats are down in price by ~25% in just the last month!
The CWB (and the Ontario Wheat Board, for that matter) never operated as a supply management system. Only dairy, poultry, eggs, and tobacco were ever supply managed (the first three still are). The CWB/OWB operated as a single desk.
I dunno where everyone is, but potatoes grow like a weed in pacific northwestern climates. Plant them one year and you will get potatoes for years and years afterwards. And they are good too, you can get big ones. Just throw some water on them occasionally.
Apparently, raspberry bushes also grow like weeds, even in 3b regions (Montana, in this case)
On top of that, corn’s been pretty expensive lately too
Corn was expensive when it was looking like the drought in the corn belt was going to destroy the crop, but the rains came at the right time and the price came tumbling down after. Local cash bids were up to $9.80 just last month. Now we're looking at $6.38. That's a huge drop. The Chicago price isn't even $5 anymore.
due to the US redirecting so much of it into biofuel.
Not really. Biofuels shy away pretty quickly when the price goes up. There isn't much inelasticity there like there is among food buyers. Corn has been driven by that derecho a couple years back wiping out a lot the crop, coupled with European fertilizer plant shutdowns just before Russia invaded Ukraine – which also impacted access to Russian fertilizer, along with those drought fears this year.
That said, given the rest of the comment, I get the feeling that you are actually talking about sweet corn rather than corn? Sweet corn is not directed to biofuel. It's more like $30 per bushel instead of $5. Biofuel flat out couldn't afford it, even if it wanted.
PARIS/WINNIPEG, Manitoba, Aug 30 - Pasta lovers must brace to pay even higher prices for their favorite dish, as drought in Canada and bad weather in Europe damages crops of durum wheat and reduces supplies available to flour millers and food companies.
With global production of durum wheat headed for a 22-year low, Italy's famed pasta makers have had to turn to unusual suppliers such as Turkey for their main ingredient.
Family-owned Continental, which sells fettuccine and ravioli to Whole Foods and the general public, is also paying more for tomatoes used in sauce after crop setbacks in Spain and India.
One of Continental's owners, Vincent Liberatore, fears prices will rise even more now that farmers in top durum exporter Canada have seen their harvest devastated by drought.
The United States is also expected to harvest a smaller crop due to dryness, while drought has cut production in Spain and severe weather has produced mixed quality in Italy and France.
Turkish exports have cooled Mediterranean and North American durum prices, but they should resume their climb when Turkey runs out in a month or two, said Philip Werle, partner at Spain-based Northstar Brokerage.
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Durum may be the king of pasta, but technically you can use other flours. Other wheats are down in price 25% over just the past few weeks, and down 50% off the highs we saw.