Price of bread to soar in global wheat shortage!

A quarter of the world's total wheat exports will be withdrawn from the market after Russia suffers from its worst drought in over a century. The move instigated by Vladimir Putin, the Russian prime minister, could cause the price of bread to soar globally.

Though the British foodservice industry buys little wheat directly from Russia, most loaves contain a large proportion of imported flour. According to the Daily Telegraph, Premier Foods commented that the price of a loaf could possibly rise by as much as 10p.