Monday, April 11, 2011

Wheat Prices are Rising

I don't want to excite a riot in any way, but I thought I would share some info I have learned this week. One of the best ways to save money on your groceries is to shop around for the lowest prices on items that can store and then stock-up when you see the items for a low price.

We all know that we have been watching the prices at the grocery store climbing a little more each week. This week I realized how high wheat prices have gone. I don't shop for wheat very often since I store so much here at the house. I do like to keep 100 lbs in buckets that I pull from on a regular basis for rotating since what I have all sealed up will last for 30+ years.

My friend called to tell me the LDS cannery came out with their new price lists.  They are now charging over $11 for 25 lbs. The last price list had it listed for $7 something. So after some calling around we determined that Costco has the best price for wheat right now. They are charging $16.99 for 45 lb buckets of hard white wheat. A few weeks back, it was $13.99 so their price is up also. They also told my friend that they will most likely be raising the price again the middle of the month. So if you want wheat - get it now!

It takes about 300 lbs of wheat to make 365 loaves which would give you a loaf a day for a year. Use this info to determine how much wheat would be good for your family to store, keeping in mind that without crackers and pretzels you'd be eating more bread.

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