Showing results for: Markets
This piece in the New Food Economy explores why the US cranberry industry has collectively agreed to destroy one quarter of its harvest, but will not ask any farmers to scale back production. A surplus of cranberries on the market means that prices are being driven below the cost of production. The agreement to destroy a portion of the harvest means that prices will rise again. Unlike other industries, which are regulated by antitrust laws, farmers are allowed to make collective agreements such as this under the Capper–Volstead Act.
In this piece for The Conversation, researcher Elise Wach discusses the consolidation of farmland in the UK and rising farmland prices. According to Wach, there were nine times more small farms in England 15 years ago than there are today, and the number of high-intensity large farms is rising swiftly.
The book “Feeding the world: Brazil’s transformation into a modern agricultural economy”, by Herbert S. Klein and Francisco Vidal Luna, examines the development of Brazil’s agricultural production, provides a historical understanding of the changes in Brazil’s economy, and explains Brazil’s impact on the world food system.
The book “Changing the food game: market transformation strategies for sustainable agriculture”, written by Lucas Simons, discusses how markets can be changed to support a sustainable food system. Chapter topics include how food production impacts the world, market failures, and phases of market transformation.
The book “Food Safety Economics - Incentives for a Safer Food Supply”, edited by Tanya Roberts, explores how regulations have affected the economic incentives influencing food safety.
Irish social enterprise foodture has produced a podcast about food citizenship, featuring Anna Cura of the Food Ethics Council. Anna describes the concept of food citizenship as being a mindset where people to think about themselves as engaged citizens, not just consumers, when making food purchase choices.
The UK’s Eating Better alliance has published a survey of ready meals in the main UK supermarkets. The briefing reports that only 3% of the 1350 ready meals surveyed were entirely plant-based; vegetarian, plant-based and meat substitute meals altogether made up 14% of the meals surveyed; 77% of the meals contained meat; and 10% contained fish or seafood. Some retailers sell vegan and vegetarian ready meals at a higher price than other meals, most notably Tesco’s Wicked Kitchen vegan range, which is 67% more expensive than Tesco’s regular range. Nearly one third of meat-based meals did not specify the country of origin of the meat, while only three retailers included the meat in their own-brand ready meals under their farm animal welfare policies.
FCRN member Sylvie Bonny of the INRA (National Institute for Agricultural Research), France, has written a paper on corporate consolidation and technological change in the global seed industry. The paper examines the views that different types of stakeholders have about current trends towards concentration, including concerns about the consequences on seed prices and diversity.
Bayer, the German pharmaceutical and life sciences multinational, has bought US agribusiness Monsanto in a $63 billion deal after receiving approval from antitrust regulatory authorities. The US Department of Justice required Bayer to sell some of its crop science assets to BASF as a condition of approving the merger.
This book, edited by Anne Barnhill, Tyler Doggett, and Mark Budolfson, provides an overview of the philosophy of food ethics across a range of subject matter. Topics include genetically modified food, animal sentience, vegan and omnivorous diets, body image, global markets and activism.
Last year, members of the European Parliament voted to ban palm oil in biofuels in Europe by 2020, citing concerns over deforestation (read more about the environmental impacts of palm oil production here). The Guardian spoke to palm oil farmers in Malaysia who are worried they will lose their livelihood. Some of the farmers were given land by the government in the 1980s and do not use recently deforested land. “Our whole community here totally depends on palm oil… everybody is scared of what is going to happen to us in two years time,” said farmer Hussain Mohamed.
Large, powerful companies control much of the US food supply chain, with detrimental effects on consumer choice, food safety and food system resilience, according to a recent paper by researchers from NGO Food & Water Watch. The paper discusses the current “nearly unprecedented wave of food megamergers”, impacts on consumers of grocery consolidation and different types of mergers throughout the food supply chain.
This book, by William H Meyers and Thomas Johnson, sets out the policies around food and farming of a selection of developed and developing countries. It is aimed at students, researchers, policymakers and professionals with an interest in economic development, agricultural markets and food systems.
Search data on food-related terms is visualised on The Rhythm of Food Website.
Finless Foods hopes to make laboratory-cultured bluefin tuna the same price as the conventional product by the end of next year (bluefin tuna, threatened by overfishing, can sell for around $380/lb).
In this brief communication paper published in the first volume of the new journal Nature Sustainability, researchers from the US and Belgium assess the impact of international trade on global food supply, at the level of individual nutrients, rather than total calories. Based on their hypothetical comparison of food supply in a world with and without trade, they argue that international food trade is essential for global food security.
The latest EU agricultural outlook report has been released. It presents the medium-term outlook for the major EU agricultural commodity markets and agricultural income to 2030, based on a set of macroeconomic assumptions deemed most plausible at the time of the analysis.
The Food and Agriculture Organization of the UN (FAO) has published a report titled, ‘Regional Overview of Food Security and Nutrition,’ focused on Asia and the Pacific. Key messages from the report highlight that the fight against hunger is slowing, but malnutrition and stunting among children below the age of five remains high.