BETHESDA, MD — A pantry staple for many Americans, bread could see surging prices this summer as a result of the war in Ukraine and the pandemic.
The story debuted on CBS Mornings with data revealing that the overall cost of groceries has already increased 10% from last March. The segment featured industry experts who warn that prices could rise another 35% in the months ahead.
Reporter Scott McFarlane shared some insights from conversations he had with bakery giants about the state of the industry. They shared that bread could become more difficult for Americans to afford, likely by midsummer.