Showing posts with label Food. Show all posts
Showing posts with label Food. Show all posts

Friday, September 20, 2013

Study: Americans Waste 160 Billion Tons Of Food Over Expiration Dates

English: Template for Template:Food safety
A recent study done by Harvard Law School’s Food Law and Policy Clinic and the Natural Resource’s Defense Council exposes the truth behind expiration dates and offers suggestions to food manufacturers on how to better set these dates.

“The dates are undefined in law and have nothing to do with safety,” said Emily Broad Leib, lead author of the study, titled The Dating Game, and director of Harvard Law School’s Food Law and Policy Clinic. “They are just a manufacturer suggestion of peak quality.”

Leib researched how manufacturers set the dates on their food products, discovering that some manufacturers conduct taste tests that will factor into the expiration date.

“[Manufacturers are] picking dates that are really protective over their brand, which is fine,” Leib said. “It’s just important for consumers to know that.”

The study looked at rates of waste, finding that 90% of consumers throw they food away on the sell by date. Leib said consumers are unaware that these dates are not necessarily linked with food safety. As a result, about 160 billion tons of food are wasted every year. Read more >>
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Thursday, September 12, 2013

The "Real" America: Near Record 20% Struggle To Afford Food

With US equity markets on a 7-day roll and excited TV anchors proclaiming the worst over and new all-time highs must signal recovery as they 'celebrate' five years on from Lehman, the following two charts of the state of real America should open a few eyes to just how blinded American has become to the truth (unless you live it).

A stunning 20.0% of Americans were found to have struggled to afford food in the last year - surging in recent months to its highest since the peak of the crisis in 2008 - as American's ability to consistently afford food has not recovered to pre-recession levels. Furthermore, Americans access to basic needs (13 factors including housing, healthcare, and food) hovers near record lows - dramatically lower than pre-recession levels. The Gallup polls point to a very different image of American than Dow 15,000 - and is set to get worse as the food stamp program is set to be cut in November.

More Americans are struggling to afford food -- nearly as many as did during the recent recession. The 20.0% who reported in August that they have, at times, lacked enough money to buy the food that they or their families needed during the past year, is up from 17.7% in June, and is the highest percentage recorded since October 2011. The percentage who struggle to afford food now is close to the peak of 20.4% measured in November 2008, as the global economic crisis unfolded. Read more >>


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Wednesday, September 11, 2013

'Artificial egg' made from PLANTS backed by Bill Gates goes on sale at Whole Foods

Scrambled eggs in the microwave
A radical ‘artificial egg’ backed by Paypal billionaire Peter Thiel and Bill Gates goes on sale in US supermarkets for the first time today. Made from plants, it can replace eggs in everything from cakes to mayonnaise - without a chicken ever coming close to the production process.

The team today started selling their ‘plant egg’, called Beyond Eggs, in Whole Foods in California - and say it could soon be available in supermarkets worldwide. We want to take animals out of the equation,’ said Josh Tetrick, the firm’s founder. ‘The food industry is begging for innovation, especially where animals are involved - it is a broken industry.’

Tetrick’s idea was to find a mix of easy-to-grow plants that, when mixed together in the right way, replicate the taste, nutritional values and cooking properties of an egg. This, he believes will allow the firm to produce its substitute for mass market foods - and to allow developing worlds to grow their own versions with added nutrients.

‘Eggs are functionally incredible, they do everything from hold oil and water in mayo to making the muffin rise and holding scrambled eggs together,’ he said ‘I started to think what if we can find plants that can do this. We have about 12 plants pre-selected, including a pea already widely grown in Canada. There’s also a bean in South Asia that is incredible in scrambled eggs.’ Read more >>
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Tuesday, July 9, 2013

101 Million Get Food Aid from Federal Govt; Outnumber Full-Time Private Sector Workers

Tasty Food Abundance in Healthy Europe
The number of Americans receiving subsidized food assistance from the federal government has risen to 101 million, representing roughly a third of the U.S. population.

The U.S. Department of Agriculture estimates that a total of 101,000,000 people currently participate in at least one of the 15 food programs offered by the agency, at a cost of $114 billion in fiscal year 2012.

That means the number of Americans receiving food assistance has surpassed the number of full-time private sector workers in the U.S.

According to the Bureau of Labor Statistics (BLS), there were 97,180,000 full-time private sector workers in 2012.

The population of the U.S. is 316.2 million people, meaning nearly a third of Americans receive food aid from the government. Read more >>
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Tuesday, April 16, 2013

No Food Inflation? Take a 2nd Look

Tasty Food Abundance in Healthy Europe
One of the great mysteries of the whole easing era — the past five years of unprecedented intervention and activism orchestrated by Fed Chairman Ben Bernanke — is that it hasn't led to rampant inflation...at least not yet.

While economists routinely strip out food and fuel when they look at pricing data to derive what they call a "core" figure, even the all-in figure has been eerily benign lately. The March consumer price index, or CPI, just released this morning, showed a 0.2% drop. But within the data, food prices remained flat, while the prior report showed a 1.6% increase in the food index over the past 12 months.

This "paltry" increase in food prices got Nick Colas, chief market strategist at ConvergEx Group, thinking. What if the items in the government's basket were different than what real consumers actually buy? As Colas explains in the attached video, so-called "shopping cart inflation" is anything but benign. "The things that people most commonly shop for are increasing in price much more quickly than that CPI basket inflation number we're used to seeing," says Colas, singling out the spike in staples such as lettuce (+24%) and apples (+11%) in a recent note to clients.

Part of the problem, he says, is due to the drought last summer. While that might seem like old news at this point, Colas says it will "have a very long shadow" on food prices this year, as the ripple effect from costlier corn and grains makes its way through animal feed and on to meat prices. All in, Colas sees the food component rising 3% to 4% this year, but warns that what people eat will have a big impact on how much they spend. Read more >>
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Tuesday, February 19, 2013

Last month, Burger King found horse meat at European supplier

Current "blue crescent" logo (July 1...
Originally published January 31, 2013
Burger King announced Thursday that it had terminated its relationship with European supplier Silvercrest Foods after finding traces of horse meat in beef patties at a Silvercrest facility.

Silvercrest provided beef for Burger King restaurants in the United Kingdom, Ireland and Denmark. Burger King said that while samples of beef from restaurants in these countries showed no evidence of contamination, four samples from a Silvercrest plant in Ireland showed "very small trace levels of equine DNA."

Burger King said the tainted product was never sold in restaurants, and appeared to have originated from a sub-contracted supplier in Poland.

"[W]e are deeply troubled by the findings of our investigation and apologize to our guests, who trust us to source only the highest quality 100% beef burgers," Burger King's vice president for global quality, Diego Beamonte, said in a statement. Read more >>
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Friday, January 11, 2013

Almost Half of all Food Produced is Thrown Away

Tasty Food Abundance in Healthy Europe
Between 30 and 50 percent of all food produced globally, equivalent to two billion tons, is thrown away each year according to a recent report written by the UK-based Institution of Mechanical Engineers (IME), titled ‘Global Food; Waste Not, Want Not’.

The Guardian states that overly-cautious sell by dates, buy one get one free deals, and an obsession with only consuming fruit and vegetables that look perfect are some of the main reasons for this colossal waste of, not only food, but also the water, energy, and arable land used in the creation of the food.

The two billion tons of food wasted each year use 550 billion cubic metres of water to produce, with meat requiring 20-50 times more water than vegetables. As the global population increases to nine and a half billion by 2075, will the lack of available water to produce enough meat lead the majority to become vegetarians? Read more >>
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Wednesday, January 2, 2013

World food price surge to spell disaster for poorest

Tasty Food Abundance in Healthy Europe
Next year will prove to be a very difficult one for the hungry. World food stocks have fallen to dangerously low levels.

The UN estimates there will be 5.5% less wheat on the world market in 2013.
If the world experiences another shock, such as the droughts experienced in the US and Russia this year, 2013 could prove to be catastrophic for those who already struggle to feed themselves and their families.

The world's poorest people spend between 50% and 90% of their income on food, compared with just 10%-15% in developed countries.

Even a small price increase will mean families are forced to take their children out of school, sell possessions, or go without vital medicines in order to put food on the table.

Putting a stop to the pending food price crisis requires a radical new approach to the way we grow and manage food. Read more >>
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Tuesday, October 23, 2012

People will want to eat "smaller" in 2013

"The New Fred Meyer on Interstate on Lomb...

The big food makers face a serious challenge for 2013: Consumers will want to eat even "smaller."

Not smaller as in less, but smaller as in locally grown, inspired by street vendors and loaded with fresh, veggie concoctions. So says a 2013 food trends report by the research firm Culinary Visions, scheduled to be released on Tuesday.

"This will challenge big food sellers and manufacturers," says Sharon Olson, executive director of the Culinary Visions panel, which surveyed more than 3,000 consumers nationally and interviewed dozens of food experts. "It's not a simple switch."

Among 2013's key food trends:

-- Street markets rule. Say goodbye to the notion of fine-dining trends eventually trickling down to the rest of us. In 2013, it will increasingly be trickle-up. "All of the inspiration will come from street markets," says Olson.

Much is coming from street markets of Asia, for example, which recently influenced Chipotle to open the Asian-themed ShopHouse chain. "It's a reverse thinking on the way companies look at identifying food trends," she says.

-- "Pure" food sells. Consumers want the food that they buy demystified. They want to be able to pronounce the names of all the product ingredients. And they want to know where it comes from — ideally, locally, says Olson. "Nothing sells like pure and simple," Olson says.

-- Kids get coddled. Forget the crayons, toys and prizes. In 2013, the way to appeal to both parents and kids will be to offer healthier but affordable food options; pay attention to food allergies, and train staff to be extra kid-friendly, says Olson. Read more >>

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Thursday, October 11, 2012

Food Inflation To Surge


We have been very active in our discussions of the impact of the pending rise in food prices around the world (from central bank largesse to weather-related chaos).

As Goldman notes, food inflation has been one of the most significant sources of headline inflation variation in emerging markets (EM) over the past few years. Since June, international prices for agricultural commodities have risen almost 30%, increasing the risk of fresh, food-related increases to EM headline inflation.

Richmoor Macaroni & Cheese 12 - 4.75 oz. - Emergency Food Storage A (Google Affiliate Ad)

We, like Goldman, expect EM headline inflation to start to reflect the relevant pressures more broadly in the October prints at the latest. While the effects, for now, are expected to be less extreme than the 2010-2011 episode, the timing as the US enters its fiscal-cliff-prone malaise, could mean a further round of easing will reignite this critical inflationary concern. Read more >>

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Wednesday, September 19, 2012

Mass slaughter of millions of farm animals worldwide set to push food prices up 14%


The mass slaughter of millions of farm animals across the world is expected to push food prices to their highest ever levels. As well as hitting consumers' pockets, the predicted 14% jump in food prices will also dash the Bank of England's hopes of pushing inflation down to 2% by next year.

Farmers across the world have begun a mass slaughter of their pig and cattle herds because they cannot afford the cost of feed, which has soared following the worst US drought in living memory, according to a report published on Wednesday. Experts at investment bank Rabobank warn that the mass "herd liquidation" will contribute to a 14% jump in the price of the average basket of food by next summer.

On Tuesday, the Office of National Statistics (ONS) said lower food prices had help bring inflation down to 2.5% in August. That brings it closer to the Bank's 2% target and should help consumers who have seen their spending power shrink as wages fail to match inflation. The Bank expects inflation to ease below the 2% target by early next year, but that could be scuppered by rising food, oil and commodity prices. Read more >>

Friday, September 14, 2012

Food banks struggle as federal government hands out less

Consumers are not the only ones trying to stretch their food dollar in the face of rising prices. As the market demand for food increases, the federal government is buying less fruit, vegetables, meat and dairy products to give to needy families. Food banks and pantries nationwide are feeling the pinch as they struggle to provide food to the hungry, especially as record numbers of families turn to them for help.

Although Food Finders Food Bank in Lafayette has managed to increase the amount of food distributed to area agencies in the last few years, it has recently seen cuts in the federal food that is donated. Kim Motuliak, director of operations at Food Finders Food Bank, said there has been a 39 percent drop in the amount of federal food donated this year compared to last.

In the first seven months of 2011, the food bank received 1.12 million pounds of food from the federal government to distribute to 170 nonprofit agencies in 16 counties across midnorth Indiana, including Tippecanoe County. Read more >>

Thursday, September 6, 2012

More than 50 million Americans short of food

 More than 50 million Americans couldn't afford to buy food at some point in 2011, according to federal data. Children in some 3.9 million households suffered from food insecurity last year, with their families unable to provide them with adequate, nutritious food at times.

Nearly 17 million Americans suffered from "very low food security," meaning they had to reduce the amount they ate, saying the food they bought did not last and they didn't have the funds to buy more.

They typically found themselves in this situation a few days a month for seven months of the year. The number of people in this category shot up by more than 800,000 from 2010, according to a U.S. Department of Agriculture report released Wednesday. Women living alone, black households and the poor and near-poor were affected the most. Read more >>

Wednesday, August 22, 2012

1 in 5 Americans cannot afford to buy food

GAITHERSBURG, MD - NOVEMBER 07:  Food drive si...
The results of a new poll show that American citizens are still experiencing difficulty in affording food for themselves or their families, a sign which proves that the country’s economy is not on the road to recovery. A total of 177,662 adults from across the United States responded to the poll conducted by Gallup organization via phone from January through June 2012.

According to the findings, which were made public on August 21, almost one in five Americans in 15 states say they had trouble buying food at least once during the past 12 months. “Nationwide, 18.2 percent of Americans so far in 2012 say there have been times when they could not afford the food they needed, on par with the 18.6 percent who had trouble affording food in 2011,” the Gallup poll results also stated.

The poll further highlighted that residents in southern states such as Mississippi and Alabama are among the most likely to struggle to afford food. The development comes as worsening drought in the United States has pushed grain prices to new highs as crops are withering and the temperatures are rising. At the same time, corn and soybean production in the US has slashed to a six-year low due to the drought. Read more >>


Thursday, August 9, 2012

U.S. Drought Drives Up Food Prices Worldwide

English: A display of six ears of field corn w...
The drought that's drying up the Heartland isn't just an American problem. It's causing food prices to surge worldwide. And it could get worse. "This is not some gentle monthly wake-up call, it's the same global alarm that's been screaming at us since 2008," said Colin Roche of Oxfam, noting that the drought could lead to food shortages for millions of people worldwide.

Food is a major U.S. export, so the drought affects prices around the globe. "World leaders must snap out of their lazy complacency and realize the time of cheap food has long gone," Roche said. In July, food prices jumped 6%, after three months of declines, according to the United Nations' monthly Food Price Index released Thursday. The main drivers behind the increase? Grain prices. And more specifically, corn prices, which have hit record highs in recent weeks.

According to the U.N. report, global corn prices surged nearly 23% in July, exacerbated by "the severe deterioration of maize crop prospects in the United States, following drought conditions and excessive heat during critical stages of the crop development." Read more >>

Friday, August 3, 2012

Taxpayers lost $833 million on food supplied by Amtrak

Amtrak was created to take over the shattered ...
Amtrak was created to take over the shattered passenger rail system in the early 1970's 
Source
Taxpayers lost $833 million over the last decade on the food and beverages supplied by Amtrak, which managed to spend $1.70 for every dollar that received in revenue.

“Over the last ten years, these losses have amounted to a staggering $833.8 million,” said Rep.John Mica, R-Fla., in a statement previewing a House hearing today.  “It costs passengers $9.50 to buy a cheeseburger on Amtrak, but the cost to taxpayers is $16.15.  Riders pay $2.00 for a Pepsi, but each of these sodas costs the U.S. Treasury $3.40.”

Amazon.com is currently selling 24-packs of 12 ounce Pepsi cans for $8.94 -- which averages to about 75 cents per can.

Amtrak President Joe Boardman tried encourage House investigators by telling them that last year's losses represent an improvement over previous years. "Our ongoing programs have certainly delivered measurable financial efficiencies," Boardman told Congress in his written testimony today. "In 2006, our food and beverage service recovered 49 percent of their costs. In 2011, these services recovered 59 percent of their costs," he testified.

The food service is legally obligated to break even, but Amtrak lost $84 million just last year. “The rail service’s food and beverage operation has 1,234 employees, and taking into account Amtrak’s $84.5 million loss last year, that’s $68, 476 per employee," Mica said.

Tuesday, June 12, 2012

Living on Food Stamps in Middle-Class Suburbia

Aer773
CNNMoney
Since the recession, persistent unemployment has left middle-class life out of reach for millions of Americans.
But few residents of Morris County, N.J., could have ever imagined they would end up on government assistance. Morris County is known for its wealth and million-dollar homes. Median household income there is over $91,000. Yet, the number of people receiving food stamps in the area has nearly tripled in the past five years.

Phyllis Tonnesen is on the front lines of the epidemic. She works for the Department of Human Services Office of Temporary Assistance. In her 27 years at the agency, she says this is the worst she's ever seen it.


Friday, September 16, 2011

Food inflation is far worse in grocery stores than restaurants

HUAIBEI, CHINA - NOVEMBER 11:  Vegetables are ...Image by Getty Images via @daylifeAccording to the latest government figures, the consumer price index for food at home increased by 60 basis points year-over-year to 6% versus the 10 basis point gain in food away from home CPI inflation to 2.7%.

Food inflation is now the most important household expense, according to Wal-Mart's (WMT) commentary during its earnings call last month. Food prices, according to the Bureau of Labor Statistics, continue to accelerate higher. The charts below illustrate food cost trends and food cost trends versus core inflation. It's worth noting that the spread between food at home inflation and core inflation widened month-over-month while the spread between food away from home and core inflation narrowed. More...
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Tuesday, July 26, 2011

6 Ways Food is Being Used as a Weapon

Secretary of State Henry A. Kissinger uses the...Image via WikipediaHungry people will do anything for food, which means that those who have control over food can use it as leverage. In 1974, Henry Kissinger suggested using food as a weapon to induce targeted population reduction in a previously classified 200-page report, National Security Study Memorandum 200: Implications of Worldwide Population Growth for U.S. Security and Overseas Interests. The primary tactic to be applied is that food aid would be withheld from developing nations until they submitted to birth control policies:

There is also some established precedent for taking account of family planning performance in appraisal of assistance requirements by AID [U.S. Agency for International Development] and consultative groups. Since population growth is a major determinant of increases in food demand, allocation of scarce PL 480 resources should take account of what steps a country is taking in population control as well as food production. In these sensitive relations, however, it is important in style as well as substance to avoid the appearance of coercion.

So, food was to be used as just another method of imperial colonization to force countries to conform their policies to those desired by the controllers. Notably, this tactic only works as a blunt weapon on territories enduring a severe economic collapse and with little resources for food production. Today, however, it appears that the entire globe is receiving an arsenal of food bombs as there appears to be a multifaceted attack on people's access to food. In other words, what has been an admitted tactic for nearly 40 years of controlling food aid for regional population reduction has now grown more complex and expansive. More...
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5 Simple Ways To Prepare For The Coming Food Crisis

Preserved foods.Image via WikipediaActivist Post
Personal ways to protect yourself from food shortages may seem obvious to some, but many feel the task can be insurmountable. To the contrary, here are 5 simple ways to protect yourself from the coming food crisis:

1. Create a Food Bank: Everyone should have a back-up to the everyday food pantry. In this environment, you should consider your personal food bank far more valuable than a dollar savings account. Start by picking up extra canned goods, dried foods, and other essentials for storage each time you go to the store. Also, hunt for coupons and shop for deals when they come up. Devise a plan for FIFO (first in, first out) rotation for your food bank. It is advisable to acquire food-grade bins to store your bulk dried foods, and be sure to label and date everything. Besides the obvious store-able foods like rice and beans, or canned goods, some other important items to hoard are salt, peanut butter, cooking oils, sugar, coffee, and powdered milk. If you don't believe the food crisis will be too severe, then buy items that you would eat on a normal daily basis. But if you believe the crisis will be sustained for some time, purchasing a grain mill to refine bulk wheat or corn may prove to be the most economical way to stretch your food bank. Some emergency MREs are also something to consider because they have a long shelf life.


2. Produce Your Own Food: Having some capacity to produce your own food will simply become a necessity as the food system crumbles. If you don't know much about gardening, then start small with a few garden boxes for tomatoes, herbs, or sprouting and keep expanding to the limits of your garden. And for goodness sakes, get some chickens. They are a supremely easy animal to maintain and come with endless benefits from providing eggs and meat, to eating bugs and producing rich manure. Five laying hens will ensure good cheap protein for the whole family. If you have limited growing space, there are brilliant aquaculture systems that can produce an abundance of fish and vegetables in a small area. Aquaponics is a contained organic hydroponic system where the fertilized waste water from the fish tank is pumped through the vegetable growing trays which absorb the nutrients before returning clean water to the fish tank. Set high goals for independent food production, but start with what's manageable.

3. Learn Food Preservation: Food preservation comes in many forms such as canning, pickling, and dehydrating. In every case some tools and materials are required along with a good deal of knowledge. If you can afford a dehydrator, they all usually come with a preparation guide for most foods. You can also purchase a vacuum sealer if you have the means. A good vacuum sealer should come with thorough instructions and storage tips, and will add months if not years to many food items. If you're a beginner at canning, start with tomatoes first. It's easy and very valuable when all your tomatoes ripen at the same time and you want fresh pasta sauce in the winter. A bigger ticket item that is nice to have for food preservation is a DC solar powered chest freezer. It is the ultimate treasure chest.

4. Store Seeds: The government and the elite have seed banks and so should you. Seeds have been a viable currency in many civilizations past and present. They represent food when scarcity hits. Before the rise of commercial seed giants like Monsanto, local gardeners were adept at selecting seeds from the healthiest plants, saving them, and introducing them to the harvest for the following year, thus strengthening the species. Through local adaptation to pests, genetic diversity was further ensured; it was long-term thinking at its finest. That is why it is important to find heirloom seed banks and learn to save seeds from each harvest.

5. Join or Start a Local Co-Op: Joining local cooperatives is very important, especially when food shortages occur. You may not be able to provide for yourself completely, especially in terms of variety, so having a community mechanism to spread the burden and share the spoils will be critical. If you don't know if you have a local food cooperative in your area you can search the directory at LocalHarvest.org. You may also be able to get information from your local farmers market. If your area doesn't have a co-op, then start one. These co-ops don't have to be big or elaborate. In fact, it may be more optimal to organize it with friends, neighbors, or co-workers. Whether you join or start a cooperative, work to expand the participants and products.
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