Price of porridge set to rise due to grain shortage

Cost of cold-weather breakfast favourite could as much as double due to drop in oat production.

By Susan Ryan Monday 6 Dec 2010, 10:29 AM

Dec 6th 2010, 10:29 AM 307 Views 0 Comments

https://jrnl.ie/54512

Image: Wikimedia Commons via Creative Commons

Image: Wikimedia Commons via Creative Commons

THE PRICE OF PORRIDGE could be doubled due to a global grain shortage, according to the Telegraph.

Analysts say that oat prices have risen above prices recorded during the height of the global food crisis in 2008.

The Telegraph reports that oat production in the EU was down almost 1m tons this year.

Millions of acres of grains were destroyed in Russia, one of the world’s main grain exporters, during the country’s intense heatwave and wildfires over the summer.

Read the story in full in the Telegraph >

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Price of porridge set to rise due to grain shortage

Cost of cold-weather breakfast favourite could as much as double due to drop in oat production.