The churros maker El Topo reported through his Twitter account that “momentarily” does not receive deliveries of flour from the supplier, who argued the war in Ukraine as the cause of the absence.
The truth is that commodities have risen by an average of 8 percent since Russia invaded Ukraine.
Soybeans climbed to 626 dollars per ton. Among the by-products of the oilseed, flour closed at more than 511 dollarsfollowing a rise of almost ten dollars in the last day.
The largest percentage increase occurred in wheat, which had a rise of 7.3 percenta jump of 27 dollars, to end the day at 368 a ton. The cornfor its part, was quoted at 290 dollars in the same Chicago market.
If the conflict were prolonged, it might lead to new price increases.
Russia and Ukraine account for 78 percent of sunflower exports28 for wheat and 19 for corn.
Added to the armed conflict between the two European countries is the extensive drought affecting South America, which compromises the production of Argentina, Brazil and Paraguayamong others.
In this context, the Bakery Industrial Center of the province of Santiago del Estero admitted that there are companies that “Sales were suspended because they do not have a reference price”.
In the past week, the Secretary of Commerce proposed to the wheat and corn sector “move quickly” in a trust that guarantees access to 000 flour and a package of half-kilo noodles, products included in the Care Prices Program.