How Much Flour Is In A Bag?
The cost of flour has gone up a lot in Nigeria. In the last one year, a bag of flour has cost as much as N4000. It has also gone up to N700 and N900, which is beyond the affordability of the average Nigerian. The Chief Executive Officer of Ezzybite, Paul Gift, said that it is impossible to bake a seven or eight-inch cake with flour that costs N4,000. He resorted to Twitter to make his case and call for government intervention.
Changing prices of flour
Flour prices are soaring globally, and one pizza business owner is worried about the impact. In recent months, the cost of wheat and other grains has surged, with wheat reaching its highest price in nearly a decade. In addition, the cost of cereals and bakery products rose over 15 percent in the past year. High transport and labor costs are also contributing to the price increase. In addition, the war in Ukraine has sparked a surge in global wheat prices.
There are several factors that influence the price of flour, from the amount of wheat harvested to its price. Increased fuel costs, the Ukraine crisis, and the weather are all threatening the crop. Changing prices of flour are not a new issue, but there are a number of measures and solutions that can be taken to improve the profitability of the baking industry.
The war in Ukraine and Russia has caused a spike in flour prices worldwide. The ban on exports from the country has also increased the cost of flour. Increased transport costs and lead times have also contributed to the price increase. Another reason is the recent outbreak of the Covid-19 virus, which has raised fears of food shortages in many countries. As a result, many large nations have begun stockpiling food supplies, including flour. The Indian government has also banned exports of grain and flour. As a result, the retail price of flour is expected to rise further.
In spite of the rise in the international price of wheat, the price of local wheat flour is expected to increase by P15 to P20 per 25 kilogram bag by May. According to the Philippine Association of Flour Millers Inc., millers will increase prices because the cost of wheat has increased year on year. This will add about two to three pennies to the price of an 800g loaf.
Costs of flour production
The cost of producing flour varies across the world. The main input costs are agricultural raw materials and energy. In Europe, the costs are generally higher than in other regions. This can be attributed to policy decisions and consumer attitudes. Although well-intentioned, these decisions can add to the uncertainty faced by businesses and increase the cost of production.
Land is a scarce commodity and the price of land fluctuates constantly. It is also a factor when setting up a flour mill. Since land prices depend on the type of land, it is essential to know the price of the land in your location. For example, if the land is in a rural area, the cost will be lower than if the land is in a large city. Land prices in some areas may be over $300,000.
Capital is another major cost. Setting up a flour mill requires a considerable amount of capital. Larger mills are more expensive than small ones. If you have limited capital, you may consider taking out a bank loan or a partnership with another flour milling business. A small flour mill can cost around $40,000, and a large one can cost over $1 million. Regardless of the size of your mill, it is essential to consider your production capacity when considering capital requirements.
The size of the plant will also affect the cost of labor. Flour mills need both skilled and unskilled labor. Unless the milling is large and highly automated, skilled labor may take the majority of the workers. Depending on the size of your plant, the cost of labor may be as high as one third of the target revenue before tax.
The location is also an important consideration. Ideally, the location should be accessible for raw materials, delivery and shipping of finished products. In addition, the building should be large enough to house the milling machines and storage. It should also have an adequate office layout. A location in a non-residential area is also beneficial. The profit margin in a small-scale flour mill is very small.
In addition to bread and other baked goods, flour is also used in various finished goods. In the United States, 58.6 million cwts of flour are consumed annually. This is equivalent to 9.5 billion pounds of bread. That means that to meet the per capita bread demand, 200 bakeries would need to be added. The US Department of Labor estimates that if the amount of flour in the US decreased by one percent per year, the nation would lose $1.61 per loaf.
Using leftover flour for a specific recipe
If you’re planning to bake something and have some leftover flour, don’t throw it away – there are some ways to reuse it. You can use it for other purposes, such as breading chicken tenders or thickening soup. However, it’s best to discard flour that has spoiled or has bugs.
Flour can keep up to 8 months in an airtight container in the fridge. Alternatively, you can freeze it. Frozen flour doesn’t affect the quality of baked goods. Just make sure to spread it thinly on a baking sheet before using it. To make the most of your leftover flour, start experimenting with different types of flour within the same family. For example, you can use chickpea flour instead of lentil flour if you’re unable to find lentil flour.
Flour is a basic pantry staple. There are many different types, including gluten-free, whole wheat, and nut-based flour. Some are even made from beans. If you’re not sure what to use, consult a list of recommended flour substitutes. These alternatives will work just as well as wheat flour.
Costs of producing elubo flour
Elubo flour is a staple food for people in the south western part of Nigeria. It is made from sliced, cleaned, and dried yam. It is used in the preparation of amala, a tasty dish reminiscent of mashed potatoes. However, the costs involved in producing elubo flour are not cheap.
The production of elubo flour is expensive and specialized equipment is required. Various steps are involved, including harvesting, peeling, slicing, blanching, drying, milling, and packaging. There are several factors that affect the quality of elubo flour. Moreover, the species of yam used to produce the flour also plays a key role.
The first step is to prepare the fufu. It is then placed in a clean bowl and filtered. After this process, the filtrate is collected and sent to market. The remaining residue is used for animal feed. Farmers can even feed goats on it, if they wish.
Cassava pressing is a technical process. It must be done under 24 hours in order to avoid fermentation. Drying is another necessary step because it extends the storage life of the product. The moisture content is the most important characteristic to look for when choosing the best processing method.
The annual demand for yam flour in Nigeria is about 200,000 tons per annum, and the current supply is only twenty percent of the total demand. Only a few organisations produce on a mechanised scale. The equipment required for small and medium-scale production is a milling machine, a drying machine, slicing machine, and chipping machine. The production process costs about N236 per kilogram. However, the average retail price is about N330 per kg.