Durum Prices Continue to Rise

Pasta lovers must brace to pay even higher prices for their favorite dish, as drought in Canada and bad weather in Europe damages crops of durum wheat and reduces supplies available to flour millers and food companies.

Italy’s government called a crisis meeting in May as prices for durum jumped by more than double the national inflation rate.

With global production of durum wheat headed for a 22-year low, Italy’s famed pasta makers have had to turn to unusual suppliers such as Turkey for their main ingredient.

Retail pasta prices rose about 12% this year in Europe and 8% in the United States, according to market research firm Nielsen.

The International Grains Council forecasts 2023/24 global durum production at a 22-year low, pushing world stocks to their smallest in three decades.

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