The United States of America is currently experiencing a wheat shortage.  Many bakers have expressed that they fear that flour mill operators won't be able to serve their customers because flour demand outweighs supply.  

The price of flour has risen more then 300% since last February. 

The reasons for this wheat shortage can be attributed to (1) Increased Exporting of Wheat; (2) Droughts/Bad Crops in South America; and (3) an Increase in the growing of corn over wheat.  

The result of the wheat crisis:  Flour Prices have skyrocketed, which means the price of bagels, pizza, and other baked goods will continue to rise.  The wheat crisis is effecting more than just bagels, but also the pizza, cereal, cake, and other related baking industries.