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: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...