Relevant and even prescient commentary on news, politics and the economy.

The WASDE Is Out, May the Kernels Fall Where They Will

USDA has now dropped the World Agricultural Supply and Demand Estimates in the much awaited October reporting. In a simple one liner, here is the gist of it – lower soy and corn yields this year (drought and lack of fertilizer – we saw this one coming), but wheat supply down, but higher than last […]

Labeling Food Products for Profits

Labeling for Increased Profits, Farmer and Economist, Michael Smith It is a well-known marketing ploy to label, relabel, and even mislabel a product again and again to increase sales. We think of the almighty Coke and the multiple iterations that they have had just on their cans. We’ve also seen consumer products like paper towels […]

Give A Man A Fish

I once spent a couple of weeks asking myself, “How can a nation, or even just a city, cheaply deal with a scarcity of food for the poor, together with a plenitude of cheapbad food (whether fast or home-made) which harms ones health?” I came up with the Streetfood Initiative (still in planning, I am […]

What Policies Cause High Food Prices?

by Tom Bozzo Over at his FT blog, Willem Buiter sensibly calls for an end to biofuel subsidies and mandated levels of biofuel use, and suggests that the money be spent on environmentally friendlier renewable energy research instead. He delivers a great bit of wonk snark after reciting various biofuel targets, then saying: All this […]

A Quick One on Externalities of Foreign Trade

I won’t pretend this is part of the Vladimir Masch discussion, or one of the traditional thorough-analysis Angry Bear posts. Just a data point on which we may need to work later, and a report that will be of interest to many who read here. UPDATE: As rdan notes in comments, this “links to testing […]