Not a food chemist, but I do work in the food industry and 25% is a lot. Should be around half that. Unless it's some sort of artisanal or hand made flour I guess. But water content is inversely related to shelf life and quality (because the protein and gluten ratio is lower obviously). So, more water, faster spoilage and lower quality.

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Darn, that's what I was afraid of...

But I think if you burnt it, your intuition is correct too. It's no simply the water you remove. The water absorption rate is not directly proportional to the water content, and when you start to mess with the rations and the composition (by burning it), the absorption rate will shoot up too. So double sounds about right I guess.