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How This Bakery Scaled to 18 Million by Fixing Flour Costs
Episode 126 digs into how a small artisan bakery in Portland used commodity hedging and supplier diversification to survive a 300% wheat price spike and grow from $4 million to $18 million in revenue. Lucas and Luna unpack the specific financial instruments the owners used — futures contracts, forward agreements, and a buying cooperative — and why most small food businesses ignore these tools until it's too late. The episode walks through the exact moment the bakery's CFO realized flour was eating 40 percent of gross margin, the decision to lock in prices for 18 months, and how that…
The skinny
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