“The world now faces ‘very low inventories’ of foodstuffs for the first time in years, Rogers tells BBC Radio. In addition, farmers are in short supply and aging, with the average age of a U.S. farmer at 58, he notes. Put it all together, and it’s good news for agriculture. ‘Agriculture’s been a terrible business for 30 years. It is now beginning to get better. If you want to make a lot of money in the future, which many people do, you should learn to drive a tractor,’ Rogers suggests. ‘Agriculture is going to be one of the most exciting businesses in the next 10 years.’ Although the number of young farmers has risen, the average age of farmers rose to 58.3 years from 57.1, a government census found.”
Tag Archives: Food & Drink
Burrito Company Offers Bond Giving Investors A Free Burrito Every Week

“Chilango, which is positioning itself as Britain’s response to Chipotle, has issued a series of ‘burrito bonds.’ The notes pay an 8% interest rate semi-annually. More importantly, they also come with a free burrito every week for the duration of the note if you subscribe for £10,000 pounds ($16,800). The Wall Street Journal’s Josie Cox, who first wrote up the story, says this could save burrito hounds more than $600 a year. The minimum investment is £500 ($841). The firm says they’ve already raised nearly $600,000 from 83 investors since the issue went public a week ago. Chilango was founded by two ex-Skype executives in 2007.”
http://www.businessinsider.com/chilango-burrito-bonds-2014-6
$200 to set up a lemonade stand in Illinois is ‘insane’: senator
“It could soon cost $200 for kids to set up a lemonade stand, have a bake sale or sell cupcakes in Illinois. ‘This is absolutely insane!’ State Senator Jim Oberweis (R-Aurora) said. ‘Somebody in Madison County went crazy and decided to enforce a law against an 11 year old kid who was baking cupcakes. That was a mistake, but it happened.’ A law that [would have exempted] up to $1000 in sales [was amended] to require anyone selling food products to take an 8 hour food service sanitation course costing $145, obtain a county health department permit costing $25, label the food products to indicate ingredients and the fact that they are homemade, plus another $35 fee.”
Widespread abandonment of farming changes Italy’s landscape

“Centuries after it was colonised by Vandals and Visigoths, Italy is being invaded again – this time by trees. A report released yesterday revealed that the widespread abandonment of farmland, particularly in mountainous areas in the south of the country, has led re-afforestation on a massive scale. Italy now has more forest and woodland than it has had in modern times – 35 per cent of the country is covered in trees. The south of Italy is also now increasingly wooded. It is there that the decline in upland farming has been most pronounced, after small-scale farmers gave up their hard-scrabble properties and moved to towns and cities, or left Italy altogether.”
Government Mismanagement Causes California Water Crisis

“California Central Valley has a water crisis, not because the state doesn’t have enough water, but because government agencies have allowed massive amounts of water to flow out to the ocean instead of storing it for future need.”
Are Organic Food Retailers Cheap Now?

“Competition is the strongest factor in the selloff of organic food retailers. All of the organic food retailers have store targets well above their current store count. Organic food retailers alone have targeted total store counts of 2,800 from a current store count of 399, representing a sevenfold increase. In addition to competition from pure organic food retailers, traditional food retailers are seeing the growth in the organic growth segment as a way to boost growth in same store sale growth. The increased competitive pressures are the key drivers of the weakness in the first and second quarter of 2014.”
http://www.thedailybell.com/market-commentary/35301/Are-Organic-Food-Retailers-Cheap-Now/
Kentucky Gains Federal Permit For Its Hemp Seeds

“Federal drug officials approved a permit Thursday ending a standoff that had imperiled the state’s experimental plantings this spring, agriculture officials said. Kentucky’s Agriculture Department expects to receive delivery of the shipment of seeds from Italy on Friday, state Agriculture Commissioner James Comer said. Kentucky’s eight pilot hemp projects for research were put on hold after the seed shipment was stopped by U.S. customs officials in Louisville earlier this month. The state’s Agriculture Department then sued the federal government in hopes of freeing the seeds. Growing hemp without a federal permit was banned in 1970 due to its classification as a controlled substance.”
http://www.lex18.com/news/kentucky-gains-federal-permit-for-its-hemp-seeds
San Francisco’s Dumb Ban on Bottled Water

“San Francisco’s Board of Supervisors voted to ban bottled water from city property and events, as well as food trucks regulated by the city. The legislation is widely acknowledged to be among the strictest bottled-water bans in the country, and in the environmental community at least, it’s being hailed as an important step in ridding landfills of the scourge of plastic bottles. A tad smugly, David Chiu, the city supervisor who authored the legislation, underscored that the ban was intended to change behavior, too, not just packaging. ‘I want to remind people that not long ago, our world was not addicted to plastic water bottles,’ he said. ‘For centuries, everybody managed to stay hydrated.'”
http://www.bloombergview.com/articles/2014-03-14/san-francisco-s-dumb-ban-on-bottled-water
FDA urged to approve aspartame as hidden additive in milk products

“The International Dairy Foods Association (IDFA) and the National Milk Producers Federation (NMPF) have filed a petition with the FDA asking the FDA to alter the definition of ‘milk’ to secretly include chemical sweeteners such as aspartame and sucralose. Importantly, none of these additives need to be listed on the label. They will simply be swept under the definition of ‘milk,’ so that when a company lists ‘milk’ on the label, it automatically includes aspartame or sucralose. And if you’re trying to avoid aspartame, you’ll have no way of doing so because it won’t be listed on the label. This goes for milk, yogurt, cream, sour cream, eggnog, whipping cream and a total of 17 products.”
http://www.naturalnews.com/039244_milk_aspartame_fda_petition.html
Dairy industry opposes bills lifting restrictions on US raw milk sales

“The two bills, the Milk Freedom Act of 2014 and the Interstate Milk Freedom Act of 2014, are the latest salvo in an ongoing controversy between those who say they want to be able to consume unprocessed milk, straight from the cow, both for its taste and health benefits, and those who say there is too much of a public health risk.Opposing the bills are dairy industry organizations and food safety agencies. According to the Farm-to-Consumer Legal Defense Fund website, 15 state prohibit the sale of raw milk to humans under any circumstances. The remaining 35 allow it, under a variety of circumstances. Some allow unrestricted retail sales, others only through co-ops or herd-sharing plans.”
