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Jun 10, 2008

Wheat at the border but price of bread in doubt

The latest episode in our long running drama surrounding basic food items focuses once again on flour. We are informed by Belize Mills Limited that the long awaited shipment of wheat from Guatemala’s Pacific Coast port has finally arrived at the border and efforts are being made to clear the truck convoy through customs as I speak. The night shift has been ordered to report to the flour mill tonight and it is believed that over the next few days flour will be available on grocery shelves. This first shipment carries three hundred tons of wheat with another thousand tons to follow. The question of the price of bread, however, remains unclear at this moment as technically, the temporary agreement for Belize Mills to supply an allotment of flour to commercial bakers at below market price is still in effect. Cabinet was scheduled to consider the matter today but until that subsidy is removed the price of the basic one pound loaf of bread should remain unchanged at a retail price of one fifty. When bakers are forced to pay the market price for the Bebe Agua flour the cost of that loaf is expected to rise to two dollars.

In related news, the control price of butane has increased by three dollars to one hundred twenty-five dollars per hundred pound cylinder in Belize City with similar price hikes in the district towns. The increase is tied to the soaring cost of petroleum on the world market.

Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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