Food prices may be about to increase – and pasta costs could spike by 50%
Pasta prices may be about to rise, it has been claimed.
According to Hull Live, the shortage of durum wheat means this staple food could soon be 50% more costly.
The cost of durum wheat, which is a key ingredient in pasta products like spaghetti and penne, almost doubled this summer due to drought and high temperatures in Canada.
Italy is also said to be facing supply problems at the moment.
The price hike in the UK may start as early next month, as high costs reach the factories.
It comes on the back of other shortages in supermarkets caused by transport and logistic problems linked to Brexit.
Jason Bull, a director of Eurostar Commodities, told The Guardian: “The market is completely out of control and as a result there has been an approximately 90% increase in raw material prices as well as increases in freight.
"This is a dire situation hitting all semolina producers and all buyers of durum wheat across the globe. Companies are buying at record high prices.”
Elsewhere a chief food executive warned that shoppers will find 'permanent food shortages' in stores.
Ian Wright, outgoing chief executive of the Food and Drink Federation, warns that the supermarket supply issues will 'only get worse', as the market continues to change following the pandemic.
He explained: "The UK shopper could have previously expected just about every product they want to be on shelf or in the restaurant all the time.
"That’s over and I don’t think it’s coming back."
But the expert reassured there’s no need to panic.
He told the Mirror: “These shortages don’t mean you’re going to run out of food.”
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