Yeast prices to increase
Lallemand/American Yeast announced a price increase to be effective May 14, 2006, or as current contracts expire. The company will increase prices 5 cents a lb. (8 cents a lb. compressed basis) on full tanker trucks of fresh cream yeast, 8 cents per lb. on pallet quantities or greater of bag yeast and 10 cents per lb. on pallet quantities of block yeast. Dry yeast prices will increase $0.12 per pound.
The company cites environmental, energy, transport, raw material and packaging costs as reasons for the increase.
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