Sales of foods labeled as "non-GMO" have apparently skyrocketed, much to the chagrin of organic food producers.
Peggy Lowe of National Public Radio (NPR) notes that sales of foods labeled as "non-GMO" have skyrocketed, much to the chagrin of organic food producers. Apparently, those sales are coming at their expense. Ms. Lowe notes that consumers believe they are obtaining the "health halo" of better food with non-GMOs without the higher expense of organic. This is forcing organic producers to revise their strategy.The NPR piece does not say it, but the irony should be appreciated by conventional farmers and food makers that it is the organic food industry that worked hard to build antipathy toward GMOs in a calculation that consumers wo...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
