Cost of English breakfast 'lowest for five years'
The low price of commodities does have some advantages, at least for consumers: the cost of an English breakfast is down to its lowest level in five years.<br /><br /> At least that’s the theory, but before you tuck in merrily bear in mind that – as one analyst says – the prices of raw ingredients are not always immediately reflected in retail prices.<br /><br /> The Financial Times’ breakfast index – backed by UN estimates – shows that an equal weighted average of six commodities was at levels not seen since 2010.<br /><br /> Five-year low for cost of breakfast commodities: wheat, coffee, hogs, OJ, milk and sugar. No eggs? http://t.co/K4us4ByZMp— Ed Crooks (@Ed_Crooks) September 10, 2015<br /> <br /><br /> Milk prices have fallen by 33 percent over the past year; coffee by 28 percent, while Americans are drinking less orange juice. Good crops in Brazil and the US have pushed the price of frozen orange juice down by 10 percent.<br /><br /> Good weather and financial support for sugar producers have pushed prices down by 22 percent.<br /><br /> La