Food and Fuel America.com Weekly Summary, May 25, 2008
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Food and Fuel America.com Weekly Summary, - May 25, 2008
Saturday, May 24, 2008
Popcorn Propaganda
The Kansas City Star would like you all to know that you can blame
higher priced movie outings on ethanol. After all, it's the reason why
everything is more expensive.
They've carefully researched the issue and checked their facts.
They've looked at all factors influencing food costs like increased
energy, worldwide demand and supply, marketing and labor costs.
They've interviewed industry experts on all sides and prepared an
accurate, well-balanced news article on the subject.
Or not.
In this fine piece of journalism, they report that movie popcorn
prices will jump 25 cents at AMC theaters and that movie prices may
leap 30% because of the price of "corn".
"The rocketing price for corn already is hurting Americans at the
grocery store and the gas pump. Now it’s going to hurt us at the
multiplex, too.
Partly because of the rising price for popcorn, on Thursday Kansas
City-based AMC Entertainment Inc. announced that beginning today it
will increase its ticket prices from $9 to $10 for weekend show times
after 4 p.m. at its five area theaters. (Children ages 2 to 12 will be
admitted for the usual $5.)
Also beginning today, AMC’s popcorn price will jump 25 cents
nationwide."
So corn prices are responsible for $1.25 increase per person? And if
it is just a part, how much "a part"? And if other factors play a
larger role in the increases, will they get reported as well?
And exactly what does "field corn" have to do with popcorn again? Well
according to the newspaper, apparently everything because they are one
in the same. (hint: they're not). But even if they were the same, a
bushel of corn at $5 a bushel contains 56 pounds. Now that's a lot of
corn. This means that every $6 movie popcorn tub contains just pennies
of actual corn costs.
Also in an earlier version of the story, they really showed their ag
knowledge by reporting that corn was sold in "barrels" rather than the
correct term, "bushels".
That's some fine reporting there Lou.
According to the paper, the only reason why corn prices are higher is
because of that pesky renewable fuel.
We're still wondering how corn prices are hurting Americans at the gas
pump when multiple studies show that ethanol is increasing fuel
supplies and keeping gasoline prices lower.
It's pretty clear that the Kansas City Star has an editorial bias
against ethanol and will allow shoddy reporting and slanted opinions
to affect their newsroom operations.
But the story went out on the newswire and will be read by millions
around the country (corn sold by the barrels and all). Their slanted
"news" will be quoted as "fact". We're sure the oil and big food
industries must be proud that their hard work is finally paying off.
Advertising Age also recently ran a popcorn story with this little
nugget regarding popcorn costs:
“… the price of the paper pulp to produce popcorn tubs has jumped 40%
in the past 36 months, making the tub more expensive than the corn
inside it.”
After eating some theater popcorn, the box might just be the tastier
part!
Source: Kansas City Star
READ MORE
* Popcorn Prices Popping But It's All Hot Air
* Kernels of Truth from Iowa
* How Much Corn is Actually Represented in Meat?
* NBC Says Movie Piracy Hurts Corn Farmers
* New King Corn Movie: Two Ears Down
* New Report Shows Ethanol Lowers Gas Prices
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Posted by Editor at 10:43 AM 0 comments
Categories: Food Costs
Oprah Goes Vegan
Oprah is going vegan. At least as part of her 21-day cleansing for
"healthy wellness". Oprah announced her latest fad on a show earlier
this week.
As part of her new regime, she's giving up everything that contains:
* Caffeine
* Sugar
* Alcohol
* Gluten
* Animal products
All of these nasty things are unhealthy according to her new diet
guru, Kathy Freston, a personal growth and spiritual counselor.
So what's left to eat? "Everything that is so healthy," Kathy
says. "I say if you can give up a few things for the period of the
cleanse, your body will learn to regenerate and produce the brain
chemicals it needs, lose the taste addictions it has."
Oprah's also started a blog to tell the world about her new ability to
thrive on lentil soup, lettuce leaves and cucumbers.
Going vegan must not be totally good for business. She still hawks
recipes for carnivore diets in her magazine. And the last time she
tangled with the meat industry, she declared she had "No Beef with
Beef" (CNN).
Source: Oprah
READ MORE
* Food vs Fuel: A Global Myth
* New High-Vitamin Corn Could Improve Nutrition
* San Francisco Mayor Proposes "Soda Tax" For Big Retailers
* Beef Myths Exposed as Pure Bull
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Posted by Editor at 9:34 AM 0 comments
Categories: Interesting
Friday, May 23, 2008
Food and Ethanol: We Need Both
As anti-ag groups mobilize to distort the public discussion of
renewable energy policy, expect to see the noise level increase on
both sides of the debate in the coming weeks.
Senator Richard Lugar (IN) released the following letter regarding the
current debate on food and fuel on Thursday.
Food and ethanol: we need both
By Richard G. Lugar
As Hoosiers, we can appreciate the devastating impact of the current
global food crisis. The Food and Agriculture Organization estimates
that people in nearly 40 countries are facing food shortages and
social unrest because of soaring food costs and decreased availability
of staples like rice, wheat, corn and soybeans.
Many of the recent advances made in alleviating global poverty could
be wiped out by the double blow of high food and high energy costs.
Our farmers know that the current situation was produced by a complex
web of factors, including increased demand for food from growing and
wealthier populations in emerging economies, soaring energy prices,
droughts in key food exporting countries, panic buying, cutoffs in
grain exports by major suppliers, market-distorting subsidies, a
tumbling U.S. dollar, and aggressive commodities speculation.
Yet critics have singled out one of America’s major efforts to improve
energy security, using corn from Indiana and elsewhere in the Midwest
to make ethanol, as the primary culprit in the food crisis. They have
demanded Congress scale back, or even halt, corn ethanol production.
They say, in effect, it is wrong to put food in our gas tanks, and
that we must choose between feeding the hungry or producing biofuels.
This is a false choice. The rise in corn is a minor factor in the
overall food price spike, and the costs of other grains that play no
role in fuel production have also soared.
The facts are these: U.S. corn prices rose by 37 percent in the past
year through March, year, wheat prices by 123 percent, and rice by 36
percent. Of the total 43 percent rise in global food costs, the corn
price rise accounts for only 1.2 percentage points, according to
Edward Lazear, chairman of the White House Council of Economic
Advisers. In the U.S., food prices rose 4.5 percent—without ethanol,
Dr. Lazear told a recent press briefing, they would have risen 4.25
percent.
In exchange for a minimal bump in food prices, the U.S. has made
valuable first steps with corn toward establishing an ethanol
infrastructure that can offer an alternative to gasoline. An energy
policy to end the over-reliance on oil imports is not optional, it is
a national security imperative. Cutting ethanol production now would
strangle in the cradle our nascent energy security efforts, leaving us
even more vulnerable to high oil prices that are hurting the economy
and to the political whims of governments that control 80 percent of
world oil reserves.
America launched the biofuels program because of the economic, foreign
policy, and environmental dangers from foreign supplies, which meet 60
percent of our transportation needs and cost Americans $319 billion
last year. The consequent enrichment of foreign governments hinders
our efforts to end the genocide in Darfur, stop Iran’s nuclear
program, combat terrorism or bring peace to the Middle East.
Corn ethanol has started us down a different energy path by offering
motorists an alternative fuel. Where it is available, E-85, a blend of
85 percent ethanol and 15 percent gasoline, lately has cost a dollar a
gallon less than gasoline, enough to offset ethanol’s lower energy
content.
Today’s food and energy crises highlight the need to push our biofuels
effort to the next stage. Government policies should encourage
alternatives without unneeded subsidies. We need to have virtually
every new car in America capable of running on high ethanol blends,
and to expand the ethanol distribution system beyond Indiana and the
Midwest.
Corn is the foundation we need to hasten the commercialization of
cellulosic technology, which promises abundant, cheap ethanol from non-
food sources like switchgrass or forest wastes.
Add in the climate impact of our oil addiction, and it is clear this
is no time to abandon corn. Instead we should address the root causes
of the food crisis—under-investment in agricultural productivity,
Europe’s opposition to genetically modified crops, the protectionist
world agricultural trade system, and harmful farm subsidies by Europe
and the United States.
We need energy security. We need food security. We can have both.
Source: Senator Richard Lugar
READ MORE
* Senator Grassley Responds to Ethanol Smear Campaign
* Biofuel Myths vs Facts
* Senators Push President to Approve Higher Ethanol Blends
* Rep. Herseth Sandlin Questions Oil Execs
* Food for Fuel: Myth vs. Reality - Daschle Responds
* Former CIA Director Warns Foreign Oil is a Threat to America's
Economy
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Posted by Editor at 12:44 AM 0 comments
Categories: Food Costs
Thursday, May 22, 2008
Hormel's Profits are High on the Hog
Hormel is living High on the Hog as they raise consumer food prices.
What's sad is Big Food continues to blame American farmers for higher
food prices.
Hormel Foods is a member of the Grocery Manufacturers Association
which recently launched an aggressive campaign against ethanol blaming
it for increases in food prices.
Despite numerous studies that show that rising energy costs are to
blame for higher food costs, Big Food continues to rise prices,
increase profits and blame farmers.
Hormel Foods said second-quarter profits rose 14 percent is figures
released today by the company. The company said its second-quarter
profit rose to $77.6 million, or 56 cents per share, up from $68
million, or 49 cents per share, a year earlier. Sales rose almost 6
percent to $1.59 billion, from $1.5 billion a year earlier.
Hormel predicts its 2008 profit forecast will remain between $2.30 and
$2.40 per share.
Source: Hormel
READ MORE
* New Texas A&M Study Shows Higher Oil Prices are Impacting
Consumer Prices
* Senator Grassley Responds to Ethanol Smear Campaign
* Big Food's Big Food Fight Finally Featured
* USDA Responds to Food and Fuel Critics
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Posted by Editor at 3:56 PM 0 comments
Categories: Food Costs
Dairy Co-Op Under Fire
Those "Happy Cows" might be so happy after meeting Mr. Federal Agent.
In this widely reported story, CNN and the Wall Street Journal report
that a national dairy co-op, Dairy Farmers of America, faces
investigation by federal commodity regulators for an alleged price-
fixing scheme.
According to the WSJ, investigators are looking at whether the co-op
suppressed prices paid to farmers while raising the price charged to
retailers.
Federal investigators are also looking at a reported transfer of $1
million transfer to a former co-op director.
Milk, it makes bank accounts good!
Source: CNN
READ MORE
* Why Are Milk Prices High?
* How Much Corn is Actually Represented in Meat?
* Biofuel Myths vs. Facts
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Posted by Editor at 9:42 AM 0 comment
Categories: Food Costs
Congress Investigates Skyrocketing Gas Prices
A US Senate committee heard testimony from oil company executives who
tried to shift anger over high gasoline prices to a debate over supply
and demand Wednesday.
The senators saw through their tactics and did not let them off the
hook easily.
The oil executives appeared under oath before the Senate Judiciary
Committee. They said the cause of high gasoline prices was not the
soaring oil company profits but rather global supply and demand.
Patrick Leahy (VT) told the executives that they had not explained "a
disconnect" between normal supply and demand and the skyrocketing
price of oil.
Sen. Arlen Specter (PA) said Exxon's annual profits increased from
$11.5 billion to $40.6 billion in the past five years and there was no
explanation for "why profits have gone up so high when the consumer is
suffering so much."
The House will hold similar hearings on Thursday.
Source: Senate Judiciary Committee
READ MORE
* Getting the Most Out of $4.00 Gas
* USDA Responds to Food and Fuel Critics
* Biofuel Myths vs Facts
* New Report Shows Ethanol Reduces Gas Prices
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Posted by Editor at 1:32 AM 0 comments
Categories: Big Oil, Energy
Wednesday, May 21, 2008
Soaring Gasoline Prices Approach $4.00 a Gallon
The average price of gasoline soared to a record $3.791 a gallon this
week in the Department of Energy's weekly retail price report. The
average retail price was up nearly 7 cents a gallon from last week and
57 cents a gallon from a year at this time.
Just in time for the Memorial Day holiday weekend, prices are quickly
approaching the $4.00 per gallon mark. The price of crude oil also
reached record prices this week of $128 per barrel. And the prediction
of $150 a barrel seems more likely every day.
Diesel prices rose nearly 17 cents a gallon to $4.497 a gallon, an
amazing $1.694 more per gallon than a year ago.
oil cost danger high prices severe rick economyThe pain at the pump
can clearly be felt across America. More money spent on gas means less
money for other basic necessities like food, housing and health
expenses. That 57 cent increase means about $600 more per year in
increased fuel costs (.57 *20 gals *52 weeks). That's 120 $5.00 Subway
Foot long sandwiches! And higher energy costs are passed along to
consumers in other products as well as energy costs ripple through the
economy.
Source: Department of Energy
READ MORE
* Getting the Most Out of $4.00 Gas
* USDA Responds to Food and Fuel Critics
* Food Price Problem: Outrageous Oil
* Biofuel Myths vs Facts
* Higher Fuel Costs Go Postal
* New Report Shows Ethanol Reduces Gas Prices
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Posted by Editor at 2:34 AM 0 comment
Categories: Big Oil, Energy
Tuesday, May 20, 2008
Iowans Urged to Voice Opinions On Smear Campaign Against Ethanol
Senator Charles Grassley (IA) encouraged Iowans who work for major
food manufacturers to make their voices heard in opposition to a
national smear campaign against ethanol.
“A national association employing high-priced Washington, DC spin
doctors has launched a misleading and disingenuous assault on
ethanol,” Grassley said. “The facts are that biofuels are a very small
factor in rising grocery costs and just 19 cents of every food dollar
spent by consumers goes to farmers. I’m calling on companies who are
members of the Grocery Manufacturers Association to protest the trade
association’s target and tactics. Every employee of these member
companies can join in. We’ve got to speak truth to power and fight
back against this smear campaign.”
As an example of making his own opinion known, Grassley sent the
following letter to companies who are listed as members of the Grocery
Manufacturers Association and have operations in Iowa. Recipients of
Grassley’s letter include Archer Daniels Midland, Barilla America,
Cargill, ConAgra Foods, Dean Foods Company, General Mills, Hormel
Foods, Kraft Foods, Land O’Lakes, Pinnacle Foods Corp, Procter &
Gamble, Ralston Foods and Sara Lee Corp.
May 19, 2008
Dear __________________,
For nearly thirty years, our nation has pursued policies to promote
the development and use of domestic, renewable fuels. We've promoted
renewable biofuels as a way to lesson our dependence on foreign oil
and to improve air quality. During this time, the biofuels movement
enjoyed overwhelming support. Now, an anti-ethanol smear campaign led
by the Grocery Manufacturers Association is blaming U.S. biofuels
policies for the rising cost of food and global food shortages.
As a company with significant operations and employees in Iowa, surely
you are well aware of the cooperative effort among all partners in the
food supply chain to produce a safe, abundant food supply. Iowa's
farmers and agricultural industries have long filled the breadbasket
that feeds our nation and the world. This has always been a strong
cooperative effort between family farmers, livestock growers, food
processors, manufacturers and marketers.
As a family farmer and a long-time partner in the production of our
nation's food supply, I am personally disappointed and offended by the
public relations smear campaign that the food processors and member
companies of the Grocery Manufacturers Association are now
spearheading. I hope you'll recognize that this smear campaign against
biofuels is unfounded, irresponsible and pits traditional allies and
partners in food production against one another.
The propaganda being used by the Grocery Manufacturers Association and
its high-paid lobbying firms in Washington, D.C., is patently false
and should be disavowed. Administration officials with the Department
of Energy, U.S. Department of Agriculture and the President's Chairman
of the Council of Economic Advisers have all determined that the
production of biofuels has had only a small impact on the rise in
retail food prices domestically and globally. The facts prove that the
rising cost of energy, worldwide economic growth, global weather
problems, rising marketing costs, and the weak U.S. dollar all have a
far greater impact on rising food prices than biofuels.
All Iowans, my constituents and your employees, deserve an honest,
fair discussion of the issues surrounding the rising cost of food.
This smear campaign led by an organization of which you are listed as
a member is harmful to an honest discussion and should be abandoned. I
therefore strongly encourage you to call on the leadership of the
Grocery Manufacturers Association to end this misleading campaign that
is undermining and denigrating the patriotic achievements of American
farmers to reduce our dependence on foreign oil while also providing a
safe, abundant and reliable food supply.
Thank you for your timely consideration of this request and I look
forward to hearing from you soon.
Sincerely,
Charles E. Grassley
United States Senator
Source: Senator Charles Grassley
READ MORE
* Senator Grassley Responds to Ethanol Smear Campaign
* Big Food's Big Food Fight Finally Featured
* USDA Responds to Food and Fuel Critics
* "Fuel or Food" is the Real Question
* Biofuel Myths vs Facts
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Posted by Editor at 1:19 PM 0 comments
Categories: Ethanol, Food Costs
USDA Responds to Food and Fuel Critics
USDA Secretary Ed Schafer said ethanol is not having a "major" impact
on food prices, and dismissed recent efforts to repeal programs that
promote biofuels.
Schafer told reporters at a USDA press conference Monday that demand
for biofuels is having an impact on food prices, "but it is not a
major factor."
He said there would be few benefits from changing the renewable fuels
standard, reducing the tax credit for producing ethanol as proposed in
the farm bill or ending the ethanol import tariff.
"The change in the renewable fuel standard, the change in tariff or
duty isn't going to affect food prices," said Schafer. "We need to
focus on things that will actually have an effect instead of a short-
term political solution."
Sources:
* TRANSCRIPT: Food and Fuel Media Briefing
* VIDEO: Food and Fuel Media Briefing
* Food and Fuel Media Briefing Powerpoint
READ MORE
* New Texas A&M Study Shows Higher Oil Prices are Impacting
Consumer Prices
* Biofuel Myths vs Facts
* Higher Fuel Costs Go Postal
* New Report Shows Ethanol Reduces Gas Prices
* Food vs. Fuel Is Rhetoric
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Posted by Editor at 6:23 AM 0 comments
Categories: Energy, Food Costs
Monday, May 19, 2008
Getting the Most Out of $4.00 Gas
With gasoline reaching the $4.00 per gallon mark in most of the
country, most drivers are looking for ways to save their hard-earned
money.
The Department of Energy has several tips for getting the most out of
your money. In addition, the USDA just released this audio report on
getting the most out of your fuel.
Here are some of the key tips for saving money:
Drive More Efficiently
* Stay within posted speed limits. Gas mileage decreases rapidly
at speeds above 60 miles per hour.
* Stop aggressive driving. You can improve your gas mileage up to
five percent around town if you avoid “jackrabbit” starts and stops by
anticipating traffic conditions and driving gently.
* Avoid unnecessary idling. It wastes fuel, costs you money, and
pollutes the air. Turn off the engine if you anticipate a wait.
* Combine errands. Several short trips taken from a cold start can
use twice as much fuel as one trip covering the same distance when the
engine is warm.
* Use overdrive gears and cruise control when appropriate. They
improve the fuel economy of your car when you’re driving on a highway.
* Remove excess weight from the trunk. An extra 100 pounds in the
trunk can reduce a typical car’s fuel economy by up to two percent.
* Avoid packing items on top of your car. A loaded roof rack or
carrier creates wind resistance and can decrease fuel economy by five
percent.
Maintain Your Car
* Keep your engine tuned. Tuning your engine according to your
owner’s manual can increase gas mileage by an average of four percent.
Increases vary depending on a car’s condition.
* Keep your tires properly inflated and aligned. It can increase
gas mileage up to three percent.
* Change your oil. According to the U.S. Department of Energy
(DOE) and Environmental Protection Agency (EPA), you can improve your
gas mileage by using the manufacturer’s recommended grade of motor
oil. Motor oil that says “Energy Conserving” on the performance symbol
of the American Petroleum Institute contains friction-reducing
additives that can improve fuel economy.
* Check and replace air filters regularly. Replacing clogged
filters can increase gas mileage up to ten percent.
Source: FuelEconomy.gov
READ MORE
* Amazing Oil Brings Higher Costs to Many Things
* Oil Squeezes the Less Affluent
* Gasoline Prices Rise and So Does Everything Else
* Oil Prices Expected to Ripple Through Economy
* Biofuel Myths vs Facts
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Posted by Editor at 1:59 AM 0 comments
Categories: Energy
Sunday, May 18, 2008
*** Food and Fuel Quiz - May 18, 2008 ***
food vs fuel debateFood and Fuel in The News
Weekly Trivia Quiz, May 18, 2008
How good are you at Food and Fuel trivia for the week? Try our new
weekly trivia quiz. Answers and scoring below the questions. Post your
scores in the comments. Good luck!
1. "The American Petroleum Institute, the industry's main lobby, has
embarked on a multiyear, multimedia, multimillion-dollar campaign to
do what? a) to increase gasoline refining capacity b) to invest in
domestic biofuels research c) to shape and improve Big Oil's public
image?
2. The average price of gasoline is HIGHER or LOWER than $3.70 a
gallon this week?
3. Higher gasoline prices--$1.50 more per gallon--- may mean about how
much more a year (20 gls a week for 1 year)? a) $15.00. b) $150.00 c)
$1,500.00
4. Iowa governor Chet Culver signed legislation to allow new pumps for
Flex Fuel Vehicles. These pump can dispense fuel different than what
two existing blends?
5. Roll Call revealed which national association organized an attack
campaign against corn ethanol?
6. Among other things, the campaign blames food cost increases on
ethanol. What major cost factor is ignored?
7. A leading senator took to the Senate floor to denounce the stealth
campaign. Name him.
8. According to the senator, leading DC lobbyists are leading the
efforts to "denigrate the patriotic achievement of America’s farmers
to reduce our dependence on WHAT"?
9. A new bill, H.R. 6066, would require oil and gas companies to do
what to the SEC?
10. Who introduced HR 6066?
BONUS QUESTION: (also worth 10 points)
B1. How many pounds of corn are in a bushel?
SCORE
Earn 10 points for each correct answer.
100 points : Food and Fuel Champ
80-90 points : Great! Keep it up.
60-70 points : Good, but you can do better.
10 - 50 points : Need to visit the site more often
0 points : Are you working for Big Oil?
ANSWERS
1. c) to shape and improve Big Oil's public image
2. HIGHER, $3.722
3. c) $1,500.00
4. E10 and E85
5. Grocery Manufacturers Association (GMA)
6. Energy
7. Senator Charles Grassley
8. Foreign Oil
9. Report how much they pay foreign countries to extract natural
resources
10. Rep. Barney Frank
BONUS
B1. 56 pounds
READ MORE
* Previous Quizes
* Biofuel Myths vs Facts
* Big Oil's War on Ethanol
* Find Alternative Fuel Locations
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Posted by Editor at 6:52 AM 0 comments
Categories: Quiz
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Good and Balanced Food and Fuel news!
Food and Fuel America.com Weekly Summary, - May 25, 2008
Saturday, May 24, 2008
Popcorn Propaganda
The Kansas City Star would like you all to know that you can blame
higher priced movie outings on ethanol. After all, it's the reason why
everything is more expensive.
They've carefully researched the issue and checked their facts.
They've looked at all factors influencing food costs like increased
energy, worldwide demand and supply, marketing and labor costs.
They've interviewed industry experts on all sides and prepared an
accurate, well-balanced news article on the subject.
Or not.
In this fine piece of journalism, they report that movie popcorn
prices will jump 25 cents at AMC theaters and that movie prices may
leap 30% because of the price of "corn".
"The rocketing price for corn already is hurting Americans at the
grocery store and the gas pump. Now it’s going to hurt us at the
multiplex, too.
Partly because of the rising price for popcorn, on Thursday Kansas
City-based AMC Entertainment Inc. announced that beginning today it
will increase its ticket prices from $9 to $10 for weekend show times
after 4 p.m. at its five area theaters. (Children ages 2 to 12 will be
admitted for the usual $5.)
Also beginning today, AMC’s popcorn price will jump 25 cents
nationwide."
So corn prices are responsible for $1.25 increase per person? And if
it is just a part, how much "a part"? And if other factors play a
larger role in the increases, will they get reported as well?
And exactly what does "field corn" have to do with popcorn again? Well
according to the newspaper, apparently everything because they are one
in the same. (hint: they're not). But even if they were the same, a
bushel of corn at $5 a bushel contains 56 pounds. Now that's a lot of
corn. This means that every $6 movie popcorn tub contains just pennies
of actual corn costs.
Also in an earlier version of the story, they really showed their ag
knowledge by reporting that corn was sold in "barrels" rather than the
correct term, "bushels".
That's some fine reporting there Lou.
According to the paper, the only reason why corn prices are higher is
because of that pesky renewable fuel.
We're still wondering how corn prices are hurting Americans at the gas
pump when multiple studies show that ethanol is increasing fuel
supplies and keeping gasoline prices lower.
It's pretty clear that the Kansas City Star has an editorial bias
against ethanol and will allow shoddy reporting and slanted opinions
to affect their newsroom operations.
But the story went out on the newswire and will be read by millions
around the country (corn sold by the barrels and all). Their slanted
"news" will be quoted as "fact". We're sure the oil and big food
industries must be proud that their hard work is finally paying off.
Advertising Age also recently ran a popcorn story with this little
nugget regarding popcorn costs:
“… the price of the paper pulp to produce popcorn tubs has jumped 40%
in the past 36 months, making the tub more expensive than the corn
inside it.”
After eating some theater popcorn, the box might just be the tastier
part!
Source: Kansas City Star
READ MORE
* Popcorn Prices Popping But It's All Hot Air
* Kernels of Truth from Iowa
* How Much Corn is Actually Represented in Meat?
* NBC Says Movie Piracy Hurts Corn Farmers
* New King Corn Movie: Two Ears Down
* New Report Shows Ethanol Lowers Gas Prices
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Posted by Editor at 10:43 AM 0 comments
Categories: Food Costs
Oprah Goes Vegan
Oprah is going vegan. At least as part of her 21-day cleansing for
"healthy wellness". Oprah announced her latest fad on a show earlier
this week.
As part of her new regime, she's giving up everything that contains:
* Caffeine
* Sugar
* Alcohol
* Gluten
* Animal products
All of these nasty things are unhealthy according to her new diet
guru, Kathy Freston, a personal growth and spiritual counselor.
So what's left to eat? "Everything that is so healthy," Kathy
says. "I say if you can give up a few things for the period of the
cleanse, your body will learn to regenerate and produce the brain
chemicals it needs, lose the taste addictions it has."
Oprah's also started a blog to tell the world about her new ability to
thrive on lentil soup, lettuce leaves and cucumbers.
Going vegan must not be totally good for business. She still hawks
recipes for carnivore diets in her magazine. And the last time she
tangled with the meat industry, she declared she had "No Beef with
Beef" (CNN).
Source: Oprah
READ MORE
* Food vs Fuel: A Global Myth
* New High-Vitamin Corn Could Improve Nutrition
* San Francisco Mayor Proposes "Soda Tax" For Big Retailers
* Beef Myths Exposed as Pure Bull
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Posted by Editor at 9:34 AM 0 comments
Categories: Interesting
Friday, May 23, 2008
Food and Ethanol: We Need Both
As anti-ag groups mobilize to distort the public discussion of
renewable energy policy, expect to see the noise level increase on
both sides of the debate in the coming weeks.
Senator Richard Lugar (IN) released the following letter regarding the
current debate on food and fuel on Thursday.
Food and ethanol: we need both
By Richard G. Lugar
As Hoosiers, we can appreciate the devastating impact of the current
global food crisis. The Food and Agriculture Organization estimates
that people in nearly 40 countries are facing food shortages and
social unrest because of soaring food costs and decreased availability
of staples like rice, wheat, corn and soybeans.
Many of the recent advances made in alleviating global poverty could
be wiped out by the double blow of high food and high energy costs.
Our farmers know that the current situation was produced by a complex
web of factors, including increased demand for food from growing and
wealthier populations in emerging economies, soaring energy prices,
droughts in key food exporting countries, panic buying, cutoffs in
grain exports by major suppliers, market-distorting subsidies, a
tumbling U.S. dollar, and aggressive commodities speculation.
Yet critics have singled out one of America’s major efforts to improve
energy security, using corn from Indiana and elsewhere in the Midwest
to make ethanol, as the primary culprit in the food crisis. They have
demanded Congress scale back, or even halt, corn ethanol production.
They say, in effect, it is wrong to put food in our gas tanks, and
that we must choose between feeding the hungry or producing biofuels.
This is a false choice. The rise in corn is a minor factor in the
overall food price spike, and the costs of other grains that play no
role in fuel production have also soared.
The facts are these: U.S. corn prices rose by 37 percent in the past
year through March, year, wheat prices by 123 percent, and rice by 36
percent. Of the total 43 percent rise in global food costs, the corn
price rise accounts for only 1.2 percentage points, according to
Edward Lazear, chairman of the White House Council of Economic
Advisers. In the U.S., food prices rose 4.5 percent—without ethanol,
Dr. Lazear told a recent press briefing, they would have risen 4.25
percent.
In exchange for a minimal bump in food prices, the U.S. has made
valuable first steps with corn toward establishing an ethanol
infrastructure that can offer an alternative to gasoline. An energy
policy to end the over-reliance on oil imports is not optional, it is
a national security imperative. Cutting ethanol production now would
strangle in the cradle our nascent energy security efforts, leaving us
even more vulnerable to high oil prices that are hurting the economy
and to the political whims of governments that control 80 percent of
world oil reserves.
America launched the biofuels program because of the economic, foreign
policy, and environmental dangers from foreign supplies, which meet 60
percent of our transportation needs and cost Americans $319 billion
last year. The consequent enrichment of foreign governments hinders
our efforts to end the genocide in Darfur, stop Iran’s nuclear
program, combat terrorism or bring peace to the Middle East.
Corn ethanol has started us down a different energy path by offering
motorists an alternative fuel. Where it is available, E-85, a blend of
85 percent ethanol and 15 percent gasoline, lately has cost a dollar a
gallon less than gasoline, enough to offset ethanol’s lower energy
content.
Today’s food and energy crises highlight the need to push our biofuels
effort to the next stage. Government policies should encourage
alternatives without unneeded subsidies. We need to have virtually
every new car in America capable of running on high ethanol blends,
and to expand the ethanol distribution system beyond Indiana and the
Midwest.
Corn is the foundation we need to hasten the commercialization of
cellulosic technology, which promises abundant, cheap ethanol from non-
food sources like switchgrass or forest wastes.
Add in the climate impact of our oil addiction, and it is clear this
is no time to abandon corn. Instead we should address the root causes
of the food crisis—under-investment in agricultural productivity,
Europe’s opposition to genetically modified crops, the protectionist
world agricultural trade system, and harmful farm subsidies by Europe
and the United States.
We need energy security. We need food security. We can have both.
Source: Senator Richard Lugar
READ MORE
* Senator Grassley Responds to Ethanol Smear Campaign
* Biofuel Myths vs Facts
* Senators Push President to Approve Higher Ethanol Blends
* Rep. Herseth Sandlin Questions Oil Execs
* Food for Fuel: Myth vs. Reality - Daschle Responds
* Former CIA Director Warns Foreign Oil is a Threat to America's
Economy
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Posted by Editor at 12:44 AM 0 comments
Categories: Food Costs
Thursday, May 22, 2008
Hormel's Profits are High on the Hog
Hormel is living High on the Hog as they raise consumer food prices.
What's sad is Big Food continues to blame American farmers for higher
food prices.
Hormel Foods is a member of the Grocery Manufacturers Association
which recently launched an aggressive campaign against ethanol blaming
it for increases in food prices.
Despite numerous studies that show that rising energy costs are to
blame for higher food costs, Big Food continues to rise prices,
increase profits and blame farmers.
Hormel Foods said second-quarter profits rose 14 percent is figures
released today by the company. The company said its second-quarter
profit rose to $77.6 million, or 56 cents per share, up from $68
million, or 49 cents per share, a year earlier. Sales rose almost 6
percent to $1.59 billion, from $1.5 billion a year earlier.
Hormel predicts its 2008 profit forecast will remain between $2.30 and
$2.40 per share.
Source: Hormel
READ MORE
* New Texas A&M Study Shows Higher Oil Prices are Impacting
Consumer Prices
* Senator Grassley Responds to Ethanol Smear Campaign
* Big Food's Big Food Fight Finally Featured
* USDA Responds to Food and Fuel Critics
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Posted by Editor at 3:56 PM 0 comments
Categories: Food Costs
Dairy Co-Op Under Fire
Those "Happy Cows" might be so happy after meeting Mr. Federal Agent.
In this widely reported story, CNN and the Wall Street Journal report
that a national dairy co-op, Dairy Farmers of America, faces
investigation by federal commodity regulators for an alleged price-
fixing scheme.
According to the WSJ, investigators are looking at whether the co-op
suppressed prices paid to farmers while raising the price charged to
retailers.
Federal investigators are also looking at a reported transfer of $1
million transfer to a former co-op director.
Milk, it makes bank accounts good!
Source: CNN
READ MORE
* Why Are Milk Prices High?
* How Much Corn is Actually Represented in Meat?
* Biofuel Myths vs. Facts
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Posted by Editor at 9:42 AM 0 comment
Categories: Food Costs
Congress Investigates Skyrocketing Gas Prices
A US Senate committee heard testimony from oil company executives who
tried to shift anger over high gasoline prices to a debate over supply
and demand Wednesday.
The senators saw through their tactics and did not let them off the
hook easily.
The oil executives appeared under oath before the Senate Judiciary
Committee. They said the cause of high gasoline prices was not the
soaring oil company profits but rather global supply and demand.
Patrick Leahy (VT) told the executives that they had not explained "a
disconnect" between normal supply and demand and the skyrocketing
price of oil.
Sen. Arlen Specter (PA) said Exxon's annual profits increased from
$11.5 billion to $40.6 billion in the past five years and there was no
explanation for "why profits have gone up so high when the consumer is
suffering so much."
The House will hold similar hearings on Thursday.
Source: Senate Judiciary Committee
READ MORE
* Getting the Most Out of $4.00 Gas
* USDA Responds to Food and Fuel Critics
* Biofuel Myths vs Facts
* New Report Shows Ethanol Reduces Gas Prices
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Posted by Editor at 1:32 AM 0 comments
Categories: Big Oil, Energy
Wednesday, May 21, 2008
Soaring Gasoline Prices Approach $4.00 a Gallon
The average price of gasoline soared to a record $3.791 a gallon this
week in the Department of Energy's weekly retail price report. The
average retail price was up nearly 7 cents a gallon from last week and
57 cents a gallon from a year at this time.
Just in time for the Memorial Day holiday weekend, prices are quickly
approaching the $4.00 per gallon mark. The price of crude oil also
reached record prices this week of $128 per barrel. And the prediction
of $150 a barrel seems more likely every day.
Diesel prices rose nearly 17 cents a gallon to $4.497 a gallon, an
amazing $1.694 more per gallon than a year ago.
oil cost danger high prices severe rick economyThe pain at the pump
can clearly be felt across America. More money spent on gas means less
money for other basic necessities like food, housing and health
expenses. That 57 cent increase means about $600 more per year in
increased fuel costs (.57 *20 gals *52 weeks). That's 120 $5.00 Subway
Foot long sandwiches! And higher energy costs are passed along to
consumers in other products as well as energy costs ripple through the
economy.
Source: Department of Energy
READ MORE
* Getting the Most Out of $4.00 Gas
* USDA Responds to Food and Fuel Critics
* Food Price Problem: Outrageous Oil
* Biofuel Myths vs Facts
* Higher Fuel Costs Go Postal
* New Report Shows Ethanol Reduces Gas Prices
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Posted by Editor at 2:34 AM 0 comment
Categories: Big Oil, Energy
Tuesday, May 20, 2008
Iowans Urged to Voice Opinions On Smear Campaign Against Ethanol
Senator Charles Grassley (IA) encouraged Iowans who work for major
food manufacturers to make their voices heard in opposition to a
national smear campaign against ethanol.
“A national association employing high-priced Washington, DC spin
doctors has launched a misleading and disingenuous assault on
ethanol,” Grassley said. “The facts are that biofuels are a very small
factor in rising grocery costs and just 19 cents of every food dollar
spent by consumers goes to farmers. I’m calling on companies who are
members of the Grocery Manufacturers Association to protest the trade
association’s target and tactics. Every employee of these member
companies can join in. We’ve got to speak truth to power and fight
back against this smear campaign.”
As an example of making his own opinion known, Grassley sent the
following letter to companies who are listed as members of the Grocery
Manufacturers Association and have operations in Iowa. Recipients of
Grassley’s letter include Archer Daniels Midland, Barilla America,
Cargill, ConAgra Foods, Dean Foods Company, General Mills, Hormel
Foods, Kraft Foods, Land O’Lakes, Pinnacle Foods Corp, Procter &
Gamble, Ralston Foods and Sara Lee Corp.
May 19, 2008
Dear __________________,
For nearly thirty years, our nation has pursued policies to promote
the development and use of domestic, renewable fuels. We've promoted
renewable biofuels as a way to lesson our dependence on foreign oil
and to improve air quality. During this time, the biofuels movement
enjoyed overwhelming support. Now, an anti-ethanol smear campaign led
by the Grocery Manufacturers Association is blaming U.S. biofuels
policies for the rising cost of food and global food shortages.
As a company with significant operations and employees in Iowa, surely
you are well aware of the cooperative effort among all partners in the
food supply chain to produce a safe, abundant food supply. Iowa's
farmers and agricultural industries have long filled the breadbasket
that feeds our nation and the world. This has always been a strong
cooperative effort between family farmers, livestock growers, food
processors, manufacturers and marketers.
As a family farmer and a long-time partner in the production of our
nation's food supply, I am personally disappointed and offended by the
public relations smear campaign that the food processors and member
companies of the Grocery Manufacturers Association are now
spearheading. I hope you'll recognize that this smear campaign against
biofuels is unfounded, irresponsible and pits traditional allies and
partners in food production against one another.
The propaganda being used by the Grocery Manufacturers Association and
its high-paid lobbying firms in Washington, D.C., is patently false
and should be disavowed. Administration officials with the Department
of Energy, U.S. Department of Agriculture and the President's Chairman
of the Council of Economic Advisers have all determined that the
production of biofuels has had only a small impact on the rise in
retail food prices domestically and globally. The facts prove that the
rising cost of energy, worldwide economic growth, global weather
problems, rising marketing costs, and the weak U.S. dollar all have a
far greater impact on rising food prices than biofuels.
All Iowans, my constituents and your employees, deserve an honest,
fair discussion of the issues surrounding the rising cost of food.
This smear campaign led by an organization of which you are listed as
a member is harmful to an honest discussion and should be abandoned. I
therefore strongly encourage you to call on the leadership of the
Grocery Manufacturers Association to end this misleading campaign that
is undermining and denigrating the patriotic achievements of American
farmers to reduce our dependence on foreign oil while also providing a
safe, abundant and reliable food supply.
Thank you for your timely consideration of this request and I look
forward to hearing from you soon.
Sincerely,
Charles E. Grassley
United States Senator
Source: Senator Charles Grassley
READ MORE
* Senator Grassley Responds to Ethanol Smear Campaign
* Big Food's Big Food Fight Finally Featured
* USDA Responds to Food and Fuel Critics
* "Fuel or Food" is the Real Question
* Biofuel Myths vs Facts
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Posted by Editor at 1:19 PM 0 comments
Categories: Ethanol, Food Costs
USDA Responds to Food and Fuel Critics
USDA Secretary Ed Schafer said ethanol is not having a "major" impact
on food prices, and dismissed recent efforts to repeal programs that
promote biofuels.
Schafer told reporters at a USDA press conference Monday that demand
for biofuels is having an impact on food prices, "but it is not a
major factor."
He said there would be few benefits from changing the renewable fuels
standard, reducing the tax credit for producing ethanol as proposed in
the farm bill or ending the ethanol import tariff.
"The change in the renewable fuel standard, the change in tariff or
duty isn't going to affect food prices," said Schafer. "We need to
focus on things that will actually have an effect instead of a short-
term political solution."
Sources:
* TRANSCRIPT: Food and Fuel Media Briefing
* VIDEO: Food and Fuel Media Briefing
* Food and Fuel Media Briefing Powerpoint
READ MORE
* New Texas A&M Study Shows Higher Oil Prices are Impacting
Consumer Prices
* Biofuel Myths vs Facts
* Higher Fuel Costs Go Postal
* New Report Shows Ethanol Reduces Gas Prices
* Food vs. Fuel Is Rhetoric
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Posted by Editor at 6:23 AM 0 comments
Categories: Energy, Food Costs
Monday, May 19, 2008
Getting the Most Out of $4.00 Gas
With gasoline reaching the $4.00 per gallon mark in most of the
country, most drivers are looking for ways to save their hard-earned
money.
The Department of Energy has several tips for getting the most out of
your money. In addition, the USDA just released this audio report on
getting the most out of your fuel.
Here are some of the key tips for saving money:
Drive More Efficiently
* Stay within posted speed limits. Gas mileage decreases rapidly
at speeds above 60 miles per hour.
* Stop aggressive driving. You can improve your gas mileage up to
five percent around town if you avoid “jackrabbit” starts and stops by
anticipating traffic conditions and driving gently.
* Avoid unnecessary idling. It wastes fuel, costs you money, and
pollutes the air. Turn off the engine if you anticipate a wait.
* Combine errands. Several short trips taken from a cold start can
use twice as much fuel as one trip covering the same distance when the
engine is warm.
* Use overdrive gears and cruise control when appropriate. They
improve the fuel economy of your car when you’re driving on a highway.
* Remove excess weight from the trunk. An extra 100 pounds in the
trunk can reduce a typical car’s fuel economy by up to two percent.
* Avoid packing items on top of your car. A loaded roof rack or
carrier creates wind resistance and can decrease fuel economy by five
percent.
Maintain Your Car
* Keep your engine tuned. Tuning your engine according to your
owner’s manual can increase gas mileage by an average of four percent.
Increases vary depending on a car’s condition.
* Keep your tires properly inflated and aligned. It can increase
gas mileage up to three percent.
* Change your oil. According to the U.S. Department of Energy
(DOE) and Environmental Protection Agency (EPA), you can improve your
gas mileage by using the manufacturer’s recommended grade of motor
oil. Motor oil that says “Energy Conserving” on the performance symbol
of the American Petroleum Institute contains friction-reducing
additives that can improve fuel economy.
* Check and replace air filters regularly. Replacing clogged
filters can increase gas mileage up to ten percent.
Source: FuelEconomy.gov
READ MORE
* Amazing Oil Brings Higher Costs to Many Things
* Oil Squeezes the Less Affluent
* Gasoline Prices Rise and So Does Everything Else
* Oil Prices Expected to Ripple Through Economy
* Biofuel Myths vs Facts
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Posted by Editor at 1:59 AM 0 comments
Categories: Energy
Sunday, May 18, 2008
*** Food and Fuel Quiz - May 18, 2008 ***
food vs fuel debateFood and Fuel in The News
Weekly Trivia Quiz, May 18, 2008
How good are you at Food and Fuel trivia for the week? Try our new
weekly trivia quiz. Answers and scoring below the questions. Post your
scores in the comments. Good luck!
1. "The American Petroleum Institute, the industry's main lobby, has
embarked on a multiyear, multimedia, multimillion-dollar campaign to
do what? a) to increase gasoline refining capacity b) to invest in
domestic biofuels research c) to shape and improve Big Oil's public
image?
2. The average price of gasoline is HIGHER or LOWER than $3.70 a
gallon this week?
3. Higher gasoline prices--$1.50 more per gallon--- may mean about how
much more a year (20 gls a week for 1 year)? a) $15.00. b) $150.00 c)
$1,500.00
4. Iowa governor Chet Culver signed legislation to allow new pumps for
Flex Fuel Vehicles. These pump can dispense fuel different than what
two existing blends?
5. Roll Call revealed which national association organized an attack
campaign against corn ethanol?
6. Among other things, the campaign blames food cost increases on
ethanol. What major cost factor is ignored?
7. A leading senator took to the Senate floor to denounce the stealth
campaign. Name him.
8. According to the senator, leading DC lobbyists are leading the
efforts to "denigrate the patriotic achievement of America’s farmers
to reduce our dependence on WHAT"?
9. A new bill, H.R. 6066, would require oil and gas companies to do
what to the SEC?
10. Who introduced HR 6066?
BONUS QUESTION: (also worth 10 points)
B1. How many pounds of corn are in a bushel?
SCORE
Earn 10 points for each correct answer.
100 points : Food and Fuel Champ
80-90 points : Great! Keep it up.
60-70 points : Good, but you can do better.
10 - 50 points : Need to visit the site more often
0 points : Are you working for Big Oil?
ANSWERS
1. c) to shape and improve Big Oil's public image
2. HIGHER, $3.722
3. c) $1,500.00
4. E10 and E85
5. Grocery Manufacturers Association (GMA)
6. Energy
7. Senator Charles Grassley
8. Foreign Oil
9. Report how much they pay foreign countries to extract natural
resources
10. Rep. Barney Frank
BONUS
B1. 56 pounds
READ MORE
* Previous Quizes
* Biofuel Myths vs Facts
* Big Oil's War on Ethanol
* Find Alternative Fuel Locations
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Posted by Editor at 6:52 AM 0 comments
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