Big Players

Economic ills may cut processed food prices

Prices may head lower in 2009, as processed food makers look to stimulate demand in weak economy. Long-term trends pushing food prices higher - growing global demand, increasing flow of grains to fuel production - may hibernate as world's economy slows. Economist predicts food inflation rate will fall to about 4 percent.

Chicago Tribune 2008-12-26 (entry)

Soft drink makers roll out stevia-sweetened beverages

With FDA OK of herb stevia as a zero-calorie sweetener, Coca-Cola introduces Sprite Green and Pepsi launches three flavors of a zero-calorie SoBe Lifewater, plans March launch of Trop50, an orange-juice drink. And: Such sweeteners are key in reversing sales decline of carbonated soft drinks, says Pepsi head (click 'See also').

The Wall Street Journal. (may require subscription) 2008-12-18 (entry)

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Food system unspoken in Obama's USDA pick

Tom Vilsack's selection as Obama's USDA secretary may be 'agribusiness as usual,' since words 'food' or 'eaters' unspoken in news conference, says Michael Pollan, author. Food system responsible for one-third greenhouse gases, 'catastrophic' diet that causes chronic disease in half the U.S. population and drives up health care costs (click 'See also'). Food must be included in plan to address climate change, energy independence, health care.

National Public Radio/Morning Edition 2008-12-18 (entry)

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Chapter 11 for nation's biggest chicken producer

Pilgrim's Pride seeks protection of bankruptcy court after battling year of volatile feed, fuel costs, low poultry prices, and drop in demand from restaurants. And: Tyson, Perdue, Sanderson, Wayne are other big poultry players (click 'See also').

Forbes.com 2008-12-01 (entry)

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Palm oil feeds population surge at environment's expense

Palm oil production surges with population; one in 10 processed food items contains it and it's a source of biodiesel. Plantations planned in Brazil; S. Korea owns rights to half the available farmland of Madagascar, much of it rainforest, and plans corn, palm plantations. Slash-and-burn expansion of Cargill crop spews carbon, replaces tribal homelands, displaces orangutans, destroys rainforests - and raises farmers' living standards. And: 'Our Hungry Planet' series (click 'See also).

Star-Tribune (MN) (may require registration) 2008-11-30 (entry)

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Opinion: Melamine links industrial waste to U.S. food production

Melamine has pervaded U.S. food system. It's added to fertilizer and accumulates in the farm fields. Last year, millions ate chicken that had been fed tainted gluten from China; Tyson Foods butchered hogs that had eaten tainted feed too. Meat was not recalled. China melamine scandal is opportunity for U.S. to pass fertilizer standards and to test for chemical.

The New York Times 2008-11-17 (entry)

Corn powers $100 billion fast-food industry

Corn powers $100 billion fast-food industry

Mosaic/youtube

In 'King Corn,' college pals follow the trail of the ubiquitous grain into the U.S. food supply.

Corn was sole food for all chicken, 93 percent of beef in 486 servings of food from McDonald's, Burger King and Wendy's in six states, study shows. Environmentalist predicts that corn-based biofuels mandate could push industrial farmers to soy-based feeds. And: 'King Corn' documentary follows myriad paths of corn into food supply (click 'See also').

New Scientist 2008-11-10 (entry)

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New ethical, environmental rules for Wal-Mart suppliers

Equating water pollution, other lapses with cheating on customers, Wal-Mart announces new supplier standards, including ban on child labor, forced labor and pay below local minimum wage. New rules also will include audits of factories for working conditions and compliance with standards regarding water, air, land pollution and waste disposal. Critic says incentives to cheat include pressure to offer low prices, plus lucrative, long-term contracts.

International Herald Tribune 2008-10-22 (entry)

Opinion: EPA water protection would be welcome in coal-mining region

Government's dash to effectively repeal key water protections during mountaintop removal coal mining likely a response to presidential candidates' opposition to environmentally ruinous practice. In 2002, EPA rewrote rules that had prohibited use of mining waste as 'fill' in streams, wetlands. And: Rubble from mountaintop removal fouls drinking water, kills fish (click 'See also').

The New York Times 2008-10-21 (entry)

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Profits of biotech agribusiness giant continue to rise

Monsanto reports increased profits of $2 billion; seed revenues rose from $4.9 billion in 2007 to $6.4 billion in 2008. Sales of Roundup, other glyphosate herbicides climbed from $2.6 billion last year to $4.1 billion in latest year. Greater grain demand drives need for more yield, more yield requires more innovation and companies that innovate will grow, says chairman.

The Des Moines Register 2008-10-08 (entry)

A sweet deal for Big Sugar?

Florida's celebrated decision (click 'See also') to buy U.S. Sugar to restore Everglades may help Fanjul family's Florida Crystals. Critics say $1.7 billion deal is bailout to replace federal props as foreign sugar moves in. Fanjuls control Domino, C&H and other brands, put sugar in everything from packaged foods to pharmaceuticals.

The New York Times 2008-09-13 (entry)

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Pork producer drops NASCAR sponsorship

Pork producer drops NASCAR sponsorship

bobbyhamiltonjr.com

Smithfield Foods pulls NASCAR sponsorship, citing rising corn and oil prices. The pork producer had supported Bobby Hamilton Jr. and his No. 25 Ford in the Nationwide Series, but, like other meat businesses, it faces high input costs, sagging demand and an oversupply that is keeping meat prices low (click 'See also').

The Tennessean (Nashville, TN) 2008-09-19 (entry)

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Food firms turn to lab to woo health-conscious shoppers

Food processing firms plug one food into another, claim health benefits of both. But new 'functional foods' don't have rigorous studies behind them, unlike those that added vitamin B to flour (reduced rates of pellagra), added vitamin D to milk (eliminated rickets). Benefit to eating fish might not be omega-3 fatty acids, but that you're eating less steak, says nutritionist.

The New York Times 2008-09-16 (entry)

Kraft takes insurance giant's place on stock market listing

Kraft to become first food producer on Dow Jones Industrial Average when it replaces American International Group. Stocks added to DJIA index are considered leaders in their industries. And: Kraft's new green initiative includes biomethane plant, which turns methane waste from cheese production into energy at New York site (click 'See also').

The Associated Press; Chicago Tribune 2008-09-18 (entry)

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Grain boom lifts biotech agribusiness profits

Monsanto raises earnings outlook after aggressively raising prices of genetically modified corn seed and its matching weedkiller. Agribusiness firm's stock is up 48 percent from a year ago. Lower net income projection reflects settlement with chemical maker Solutia Inc., and writeoffs after buying De Ruiter Seeds. And: Monsanto breaks ground for a new GMO corn seed plant in Iowa (click 'See also').

The Wall Street Journal. (may require subscription) 2008-09-17 (entry)

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Food no longer included in price of many United Airlines tickets

United Airlines plans October price hike to $9 for boxes containing salads and sandwiches on longer flights and won't offer free snacks on flights of two to three hours. Airline also will charge for meals on most flights to Europe. Price of jet fuel has jumped 52 percent during the past year; industry's combined losses could reach $10 billion this year.

bloomberg.com 2008-08-19 (entry)

Pay cut for uneven performance at ConAgra Foods

ConAgra Foods CEO compensation down 41 percent to $7.9 million in 2008 fiscal year. Board cites uneven performance and blames commodity costs and two recalls: pot pie and peanut butter. Company shifting focus to packaged items, including Healthy Choice, Chef Boyardee and Egg Beaters.

The Associated Press; The Boston Globe 2008-08-15 (entry)

Rice farmers' suits against biotech firm denied class-action status

Rice farmers' suits against maker of biotech rice too dissimilar to consolidate into class-action, judge rules. After Bayer CropScience's Liberty Link rice contaminated public food supply in 2006, mostly likely from plot at Louisiana State University, some countries temporarily banned U.S. rice exports, drying up foreign markets and causing drop in U.S. rice price.

The Associated Press; International Herald Tribune 2008-08-14 (entry)

Opinion/Blog: Monsanto dairy hormone business for sale

After shoppers and businesses shun biotech hormone that increases milk yields, agribusiness giant Monsanto looks to sell its Posilac business. Company says it will focus on its genetically modified seed. And: Sale of business means sale of Georgia facility, which employs 200 (click 'See also').

Scientific American 2008-08-07 (entry)

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Review: 'Eat Your Heart Out'

Review: 'Eat Your Heart Out'

Amazon

In her latest book, journalist Felicity Lawrence takes an engaging, restless look at Cargill, Unilever and others who decide what we eat and how they persuade us to buy in the name of choice, health and, increasingly, the environment. If there is a flaw in the book, it's not getting close enough to genius of capitalism - how it makes us want what it has to sell.

The Guardian (UK) 2008-07-05 (entry)

Grain costs hound world's largest meat processor

Grain costs hound world's largest meat processor

Tyson Foods

Tyson wrestles with costs of grain in chicken farming and ingredients for processed and pre-cooked items. Tyson has raised prices, closed a Kansas factory, cut 1,500 jobs. It also faced bird-flu scare, floods in Midwest and was required by USDA to pull a 'raised without antibiotics' label off some chickens (Tyson is suing over decision). And: corn price was 69 percent higher on average during the quarter than a year earlier (click 'See also').

The Wall Street Journal. (may require subscription) 2008-07-28 (entry)

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Corn, soybean seed sales push DuPont earnings up

Strong demand for corn, soybeans (click 'See also'), pushes DuPont quarterly earnings higher than expected. Its $9 billion revenue aided by global agriculture boom, which offset weak performance in housing, automotive markets. Delaware-based chemical company sells genetically modified seeds, other agriculture products.

Reuters 2008-07-22 (entry)

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Opinion: Icing on the cake

Farm/food bill will protect sugar industry from free trade. Bill also will require government to buy sugar at inflated rates and sell it cheaply for ethanol production. Sugar policy estimated to cost taxpayers $1.9 billion a year in high prices, plus another $1 billion-plus in the next decade for other programs used to prop up prices.

The Baltimore Sun 2008-05-16 (entry)

Food crisis and agribusiness windfall

As UN faces $755 million shortfall for World Food Program, Archer Daniels Midland and other agribusiness giants report record profits. Other winners: Monsanto, which makes genetically modified seed and complementary weedkiller; Deere & Co., which makes tractors; and Mosaic Co., a fertilizer maker. And: Spot shortages and prices of fertilizer, worldwide, threaten progress in battle against malnutrition and hunger (click 'See also').

The Wall Street Journal. (may require subscription) 2008-04-30 (entry)

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Cargill gets bigger

With growth of its Polish wheat processing factory, Cargill completes three-pronged push after last month's new wheat processing plant in Manchester, UK, and a $60 million investment in Russian operations in 2006. The Wroclow site will produce sweeteners such as glucose and fructose and wheat gluten for U.S. food, animal feed industries.

Confectionery News 2008-04-24 (entry)

Candy company drops coloring

Cadbury Schweppes to drop use of six artificial colors by end of 2008. Action comes after Southampton study (click 'See also') suggests links of behavioral problems in children to additives. Major step by leading confectionery company in Western Europe could spur others into action as pressure mounts on manufacturers to reformulate their products.

Confectionery News 2008-04-14 (entry)

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Owning the food supply

From its origins as a saccharin manufacturer, Monsanto has grown to global giant, dominating commodity seed stocks, buying seed companies and suing farmers it suspects of saving seed from last year. It is potentially responsible for more than 40 EPA Superfund pollution sites after longtime production of chemicals and byproducts, including PCBs and dioxins, and is fighting the labeling of milk that isn't from cows injected with its artificial milk-increasing hormone.

Vanity Fair 2008-05-01 (entry)

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Betting on grains

Facing unprecedented costs for ingredients, some food makers manage surges by buying long-term contracts for delivery from grain giants Cargill or Archer Daniels-Midland. But some producers don't, for fear of being locked into high prices. Milk costs can't be hedged - there's only so much cold storage available.

The Wall Street Journal (may require subscription) 2008-03-24 (entry)

Fire levels meat packing plant

Cargill meat packing plant in Arkansas burns after welding work on Easter Sunday afternoon; no injuries reported. Plant employed about 800 and was Booneville's largest employer. It produced more than two million pounds of ground beef and steak per week and had just undergone a $40 million expansion.

The Associated Press; Chicago Tribune 2008-03-23 (entry)

Cereal thriller

General Mills boosts profit, sales despite skyrocketing grain prices. Maker of Cheerios, Nature Valley, Progresso soups and Yoplait spends more on advertising and sampling; CEO says company will raise prices when necessary, and continue reducing costs and introducing higher-margin products.

The Wall Street Journal (may require subscription) 2008-03-20 (entry)

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Opinion/blog: Keeping up with the Greenses

Opinion/blog: Keeping up with the Greenses

Michigan State University

Click 'See also' to see the changing landscape of organics as existing companies are gobbled by bigger food companies and multinational conglomerates make their own versions of popular foods. Here's the key: organic brands are green; multinational food processors, yellow; investment firms, blue; organic versions of mainstream brands, red.

The New York Times 2008-03-19 (entry)

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Rising up against biotech sugar beets

Faith-based investors' group launches web campaign (click 'See also') to boycott genetically modified sugar beets, citing 'weak governmental review and oversight, and the lack of long-term, independent and peer-reviewed safety studies.' Pre-written letter for visitors to send to food companies urges public opposition to unlabeled GM sugar from Monsanto's Roundup Ready sugar beets. Environmental groups have filed lawsuit to prevent spring planting.

Food Navigator 2008-03-05 (entry)

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Building industry

World's largest beef processor in talks to buy third U.S. beef firm in a year. If deals go through, Brazil's JBS would become the largest U.S. meat packer, with ability to kill more than 42,500 cows daily. Second is Cargill Meat Solutions, with capacity to kill 29,000 cattle per day. News comes amid concerns about meat safety after Hallmark/Westland beef recall.

The Wall Street Journal (may require subscription) 2008-03-05 (entry)

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Tracking food to its source

Massive beef recall tests food companies' ability to track supplies. Heinz learns by its own sleuthing that its Boston Market lasagna with meat sauce contained recalled beef; General Mills put a team on the question to learn of five days in which Hallmark/Westland beef was added to canned soup. After 9/11 attacks, new laws to block bioterrorism required companies to trace their production forward and back.

The Wall Street Journal (may require subscription) 2008-03-04 (entry)

Littlest seed pickers

Though agribusiness giants have strict policy against child labor, children in India often found working in pesticide-treated vegetable and cotton fields for Monsanto, Syngenta and Bayer to produce genetically modified seeds. UN International Labor Organization estimates 218 million child laborers worldwide, 7 in 10 of them in agriculture.

Forbes magazine 2008-03-10 (entry)

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Cruelty to chickens?

Tyson Foods fires several workers in two plants after animal rights group goes undercover and films what appears to be abuse of chickens in slaughterhouses. Group reported concerns to USDA in mid-January, then posted video online. USDA spokesperson says there is no rule for humane handling of poultry, as there is for cows and pigs.

The Atlanta Journal-Constitution (may require subscription) 2008-02-16 (entry)

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Not quite ready

Sugar industry, banking on customers' diminished resistance to genetically modified foods, plans big crop of Monsanto's Roundup Ready sugar beets engineered to tolerate the company's weedkiller. Food safety groups sue, pointing out risks of cross-pollination with table beets and Swiss chard. A similar lawsuit, using similar arguments, stopped the planting of Roundup Ready alfalfa last year.

National Public Radio 2008-02-14 (entry)

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Commodities cachet

Stock strategists see sunny future for corn, wheat and soybeans, as well as for agribusiness giants Monsanto, Potash Corporation and Archer Daniels Midland. Reasons include rise in crop prices, diversion of land for growing biofuels crops, and increase in food consumption in emerging markets, particularly in Asia - a 'fight between feeding people, cattle and cars.'

The New York Times 2008-02-10 (entry)

Opinion: What's the message?

With integrated North American market finally in place, domestic sugar growers scheme instead to rewrite trade treaty and create continent-wide cartel. Sugar lobby, one of world's richest and most destructive special interests, wants fixed prices, limited exports and imports, U.S.-Mexico oversight commission, and limit on sugar from third countries - at taxpayer expense.

The Wall Street Journal 2008-01-23 (entry)

New at Starbucks

As McDonald's adds baristas and coffee bars, new CEO takes over at Starbucks and plans to refocus, concentrating on expanding overseas, closing poor-performing stores domestically, improving the customer experience and maintaining quality of coffee and ethics of purchasing.

The Wall Street Journal 2008-01-07 (entry)

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Seeding the future

Demand in Brazil and Argentina for Roundup herbicide and genetically modified seed pushes Monsanto stock to all-time high, and company considers expanding production. Its cash flow shows that U.S. farmers are buying corn seed early for springtime planting.

Marketwatch 2008-01-03 (entry)

Sweets fix?

Hershey, Cadbury and Nestle investigated for alleged "anti-competitive practices in the chocolate-confectionary industry" in Canada. Hershey, based in Pennsylvania, makes Hershey's bars and Skor; Cadbury, of London, makes Dairy Milk and Fruit & Nut; Nestle, of Vevey, Switzerland, makes KitKat and Coffee Crisp candies.

Bloomberg News 2007-11-28 (entry)

Take and give

After filling politicians' coffers and nurturing alliances with Democratic-leaning labor unions, sugar lobby sees Congressional legislation that would keep our sugar prices well above world levels and sugar subsidies that would cost taxpayers tens of millions of dollars a year.

Daily Globe (MN) 2007-11-06 (entry)

Opinion: Treating symptoms

Slashing commodities subsidies addresses only a symptom, not the problem of the farm/food bill. Real reform in federal farm policy will come from changing the message to farmers, which, since the early '70s has increasingly been: Produce as much as you can."

Grist 2007-11-08 (entry)

Reforming food

China approves, in principle, new food safety law designed to standardize production, processing, sale and supervision; law also requires better release of information about food safety, higher fines and punishments and public's right to sue.

Reuters 2007-10-31 (entry)

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Iraq rip-off?

Federal investigators suspect large American food companies, including Sara Lee and ConAgra, may have overcharged for supplies to troops in Iraq. The investigation also questions whether Agility Logistics, the firm that distributes the food, took improper payments from food companies.

International Herald Tribune 2007-10-18 (entry)

Biotech future

Despite strong community opposition, European Union OKs imports of genetically modified corn and sugar beet for human and animal food; varieties were developed by subsidiary of DuPont, a unit of Dow Chemical, Monsanto and a German plant breeding company, KWS SAAT and taps into the $6 billion biotech crop market.

Bloomberg News; Reuters; International Herald Tribune 2007-10-24 (entry)

Chemical connection:

Monsanto and Dow agree to stack designer-modified bug-killing, herbicide-resisting genes in corn seed, with eye on maximum yields; with 93 million acres dedicated to crop in U.S., critics worry about unintended deaths of insects beneficial to ecosystem and soil.

Wall Street Journal 0000-00-00 (entry)

What's organic?

Keeping the organic label pure may be tough to do as Wal-Mart and other behemoths are ramping up; already the industry is split between true ideals (localism and sustainability, in addition to no pesticides) and those willing to sacrifice for growth.

San Francisco Chronicle 2007-01-28 (entry)

Review: Bittersweet

Review: Bittersweet

"The Price of Sugar" focuses documentary lens on Dominican Republic and horrific conditions of mostly Haitian illegal immigrant sugar cane workers there, then tells story of Catholic priest who sets out to improve their lot.

The Hollywood Reporter 2007-08-23 (entry)

No dumping:

Grand Forks city council says sugar beet residue won't smell so sweet, and bans its dumping on rented land west of the city; American Crystal Sugar Co., disagrees, saying that the sugar, which causes odor as it decays, will be gone.

The Associated Press; The Bismarck Tribune 0000-00-00 (entry)

Modified sugar:

Genetically modified sugar beet seed designed to resist Monsanto herbicide is gaining popularity among growers and processors, including American Crystal Sugar Co.; Wyoming Sugar Co., and Minn-Dak Farmers Cooperative; farmers must pay $60 premium per acre, and GMO sugar won't carry special label.

Associated Press; CNN 2007-08-22 (entry)

Call for change:

Call for change:

In groundbreaking presidential report, cancer panel calls down governmental polices that have made fruits and vegetables more expensive and less available, have limited physical education in schools and created an environment that discourages physical activity; food industry with its unhealthy food sales implicated as well.

MSNBC; Reuters 2007-08-16 (entry)

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Orphan organics?

Though customers spend more than $14 billion a year on organics and depend on USDA label even for imports, USDA infrastructure, with nine staffers and a $1.5 million budget, languishes; other departments spend about $28 million a year on organic research, data collection and farmer assistance, but the department spent $37 million subsidizing farmers who grew dry peas, an $83 million crop, in 2005.

The New York Times (may require subscription) 0000-00-00 (entry)

Review: No time

Judging from plastic bottles clogging the landfills and SUVs clogging the highways, the news that we're killing ourselves and our world hasn't kicked in, so that makes "The 11th Hour," an unnerving, surprisingly affecting documentary, essential viewing.

The New York Times 2007-08-17 (entry)

Harvest worries:

Bush administration's plan for fines, sanctions against growers whose workers have improper documentation could be devastating to the coming fall harvest, and could encourage an underground economy, California farmers say.

Appeal-Democrat (CA) 2007-08-14 (entry)

No, thank you

CARE turns down $45 million in food aid from U.S., citing practice of selling tons of often heavily subsidized American farm products in African countries that compete with the crops of local farmers; other charities disagree.

The New York Times (may require subscription)  (entry)

Ad attack

Humane Society targets Wendy's for its egg-buying choices, comparing it unfavorably to Burger King, which is phasing in cage-free policy; company responds that its interests are focused on welfare of chickens and pigs, the meat of which they buy in larger quantities.

The Columbus Dispatch  (entry)

Disappearing aquifer

To irrigate crops, farmers have pumped billions of gallons annually from the Ogallala Aquifer, a lake under parts of Great Plains states, but now, water table has dropped steeply, forcing new "dryland" methods of farming for conservation.

National Public Radio  (entry)

Wal-Mart's adventure:

When discount superstore partnership enters India through wholesale stores, obstacles will include supply chain made up of mostly small shopkeepers, long chains of middlemen, each of whom takes a cut, and up to 60 percent waste during food transport.

Wall Street Journal (may require subscription)  (entry)

Fast-food kids?

With growing rates of obesity in mind, FTC issues 44 subpoenas to food and beverage companies to learn how they advertise their wares to children; similar studies undertaken in the past with alcohol and tobacco companies.

bloomberg.com 2007-08-11 (entry)

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Review:

In "Twinkie, Deconstructed," Steve Ettlinger describes the work of making unnecessarily complicated snacks; the book is the polar opposite (complete with smiley face) of "The Omnivore's Dilemma," Michael Pollan's frowny faced take on simplifying food.

Los Angeles Times  (entry)

Wheat increase:

With ethanol craze and escalating corn prices taking all the attention, worldwide drought has gone almost unnoticed, but it is driving wheat prices up; breadmakers are paying more for flour and weak dollar makes U.S. wheat attractive.

CNNMoney.com  (entry)

Food/Farm bill:

Bush administration's buy-local request for emergency food aid could help Kenyans, some of the world's poorest people, advocates say, but U.S. is mired in domestic farm subsidies and lobbies of shipping interests; aid for agricultural projects lags as well.

The New York times (may require subscription)  (entry)

OPINION

New interactive map allows users to tract proliferation of factory farms by state and county - even number of animals - and it raises questions of whether we pursue the logic of industrialism to its limits, and how badly will it harm the landscape, the people who live in it and democracy itself?

The New York Times (may require subscription)  (entry)

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Saving water

Coca-Cola, Nestle, and Läckeby Water Group join other food, drink producers in UN agreement to use water more efficiently; lack of access to clean water and sanitation undermines humanitarian, social, environmental, and economic goals.

foodproductiondaily.com  (entry)

Supplement setback:

Cargill's attempt to add Regenasure, a vegetarian version of shellfish-derived glucosamine, to European list of food products for addition in mostly beverages and fermented milk products, hits snag with questions of safety for diabetics.

nutraingredients.com  (entry)

Opinion: Proud of rBST:

Despite activists' efforts to bamboozle public, price-conscious customers appear happy buying milk containing synthetic hormone, and squeezing more milk from cows via drugs saves natural resources, reduces corn prices, greenhouse gas emissions and manure production; in a more rational world, customers would choose milk so labeled.

The New York Times (may require subscription) 2007-06-29 (entry)