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Monthly Archives: May 2008
Food Supply Will Meet Demand
The UN Food and Agriculture Organization (FAO) and OECD released their annual Agricultural Outlook yesterday. It makes a strong case for increasing global agricultural production by increasing yield on existing acres – one of many solutions biotech can help provide. Adverse weather conditions in major grain-producing regions, coupled with low stocks, were enough to trigger the current sharp rises in food prices even if all other factors were equal. Productivity gains from increased yields will Read More >
Will the Press Set the Record Straight?
Last week, Roll Call revealed that the Grocery Manufacturers Association paid for a PR campaign aimed at blaming high food prices on biofuels (call it the ‘vast chicken wing conspiracy’). But since the revelation, there’s been very little effort in the press to set the record straight. The USDA this week held a press conference to tell reporters the true causes of food price increases. And on Tuesday this week, Michael W. Masters, Managing Member Read More >
Life Sciences in San Diego
San Diego is an ideal location for the convention as there is a thriving life sciences industry, check it out: The San Diego Regional Economic Development Corporation (SDREDC) reports that the life science cluster in San Diego has an annual economic impact of $5.3 billion in direct spending and another $3.8 billion in multiplier spending for a total impact of $9.1 billion a year (2006 dollars). According to the SDREDC, the county’s life science jobs pay Read More >
USDA Says Biofuels Not Responsible for Increasing Food Prices
On Monday the USDA held a press briefing. The subject? Food and fuel. One theory that has been widely discussed in recent weeks is that the nation’s growing demand for biofuels and the crops needed to produce them is the real culprit behind higher food prices, both at home and abroad. Yet the evidence that we have seen, and that Joe will take you through in just a few minutes, does not support this. said, Read More >
Food AND Fuel
There’s been a lot of hype lately over biofuels starving the world, and unfortunately there’s not better way to say it than that — hype. Instead of having the knee-jerk reaction, of panic, we need to think carefully about the problem, for starters, we need to actually identify the problem. In a recent op-ed in the Minneapolis Star-Tribune, Nathaniel Greene and Lee Lynd wrote, Biofuels are a modest part of the food price picture, consuming Read More >




