Baking Market Watch
Understand the markets behind your ingredients. Wheat, sugar, butter, eggs, cocoa and vanilla are bought and sold long before they reach a grocery shelf. These wholesale, producer and trade prices show where baking costs are heading, and why.
From farm to your shelf
A price move travels in steps, and each step adds its own costs. Short swings in a commodity often never reach the store; a move that lasts for months usually does, partly and with a delay.
- 1. CommodityWheat, raw sugar, cocoa beans and soybean oil trade worldwide, some on futures exchanges.
- 2. WholesaleButter, cheese, eggs and imported vanilla beans are sold in bulk to food makers.
- 3. ProducerMills, refiners, dairies and chocolate makers set what they charge stores.
- 4. Your shelfWhat you pay, tracked in our Consumer Pricing Guide.
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How to read this page
Each card shows the latest value, the change since the previous day or month and over 12 months, and a chart of the last two years. "Share of the Bake Basket" is how much that ingredient counts in our Bake Basket Index, based on how often it appears in 558,629 baking recipes. Ingredients with a bigger share move baking costs more.
Sources
Wholesale, producer, import and futures prices are upstream signals. They are not what you pay at the store, and they are never mixed with store prices.
Futures prices are end-of-day closes of the nearest contract, delayed, shown for education only. Not investment advice.
Producer price indexes are indexes, not dollar prices: compare their percent changes, not their levels.
VanillaGoods sells vanilla, coffee and tea. Our own prices are never included.