Faced with rising wheat prices, Pizza Hut offers a very special new recipe

Not sure that the latest innovation from Pizza Hut will appeal to traditional Italian pizza makers… The American fast food chain has indeed decided to make a small departure from the classic recipe of the famous pancake, reports Bloomberg, Friday August 19. Due to rising wheat prices, the brand decided to offer pizzas made from rice cakes in its Japanese restaurants.

From this week, Japanese customers will be able to taste mini-pizzas whose base will be formed by a rice cake, instead of the traditional wheat flour dough. The latter will have as toppings, teriyaki chicken, garlic shrimp, barbecue-style pork or even Japanese-style beef ribs, specify our colleagues. These small rice-based pizzas will be offered for a few weeks, but they could join the regular menu if the Japanese like them.

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Food crisis: Moscow says it is “ready” to help export cereals from Ukraine

NGOs call for regulation of agricultural markets

The war in Ukraine has caused wheat prices to soar on world markets. However, for wheat, Japan depends on foreign supplies – the country is dependent on food imports for 38% of calories consumed and 66% in terms of value, says Bloomberg. Rice, on the other hand, is widely grown in the country and prices have remained subdued due to abundant production and large stocks on hand.

At the end of June, the NGOs Foodwatch and the CCFD-Terre solidaire called for the regulation of agricultural markets, with a view to combating speculation, which “aggravates the soaring food prices”. “The agricultural and food markets are panicking for two reasons: on the one hand, companies and traders fear a shortage of wheat, vegetable oils and phosphate fertilizers from the Black Sea region (…) On the other hand, financial bets on rising commodity prices are aggravating soaring food prices,” the two organizations stressed.

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Ukraine: wheat prices soar

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