I blogged about baking bread and if it was cost effective in August, 2010. You can find that post here.
Place the following ingredients in a bread machine pan in this order:
one and 1/2 cup water
two tablespoons softened butter
four cups bread flour
three tablespoons powdered milk
two tablespoons sugar
two teaspoons salt
one and 1/2 teaspoons active dry yeast
Select basic or white cycle on your machine; 2 pounds; and medium or light crust color. I store my bread in a plastic container with an airtight seal. I don't know how long the shelf life is on this as it never sits around for more than 5 or 6 days.

