The price of bread is going up.
With wheat and other key ingredients ratcheting up in price, commercial bakers say they've been paying a premium, while keeping costs down for recession-minded consumers. Prices have gone unchanged for everything from Costco muffins to multigrain bread, but bakers say to turn a profit they're going to need more dollars for their dough.
"We have decided to move forward with a nominal price increase so that we can recover some of the higher costs," said Dean Folkvord, whose family-owned Wheat Montana business sells flour and baked goods nationwide.
Like a lot of bakers, Wheat Montana had locked in contracts for key ingredients when prices were still relatively low, but prices have since risen sharply.
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