Financial Times FT.com

Wheat price surge bites baguettes

By Pan Kwan Yuk in Paris

Published: August 26 2007 19:15 | Last updated: August 26 2007 19:15

The surge in global wheat prices is finally catching up with France. After English breadmakers and Italian pasta makers, it is now the turn of French boulangers to put up prices of the country’s staple – the baguette.

With international wheat prices at a 10-year high, bakeries across France are expected to raise the price of the baguette by about 5 cents in the coming weeks.

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