TheBioenergySite Latest News
Bread price rises again
JAMAICA - Consumers are to face another steep increase in the cost of baked products tomorrow as a result of a further 22 per cent addition to the cost of bakery flour and related goods."It simply means that consumers can expect an immediate increase in the cost of baked products," president of the Bakers' Asso-ciation of Jamaica, Gerry Chambers, told The Sunday Gleaner. "There was a 20 per cent increase in September and since then, the price of sugar went up, so that only compounds the situation."
In a letter sent to Chambers on Friday, Derrick Nembhard, managing director of Jamaica Flour Mills (JFM), stated that the company would be absorbing the increases as they related to counter flour and counter flour-related products, but would pass on the higher cost as it relates to bakery flour.
Further increases?
"The price of grain in general continues to increase and in particular, wheat and corn prices. These increases have been further amplified by increases in the world price of oil coupled with the slide in our local currency," the correspondence also read.
Source: Jamaica Gleaner
Related news items:
CME: Crude Oil Prices Impact Livestock Production- Agreement on Viability of Mammoth Ethanol Facility
- Sweet Potatoes Entering Biofuels Arena
Sugarcane Expansion to be Restricted- Ethanol Production Minor Factor in Land Use Changes
Related News Categories: Biomass, Corn / Grains, Biogas
Latest Bioenergy Industry News
Biofuel Subsidies in China- CME: Crude Oil Prices Impact Livestock Production
€50m Set for Wind Farm Investment
Planning Notice for Aegir Offshore Wind Farm Submitted- Agreement on Viability of Mammoth Ethanol Facility
- EPA Applauded for Biodiesel Rule in 2009
Type of Physic Nut to Undergo R&D- Sweet Potatoes Entering Biofuels Arena
- Investments Funded in Ethanol-making Microbe
- Sugarcane Expansion to be Restricted
