 Stories About: biofuels AND business AND food
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Aw, Shucks Food prices are high, and so are Big Ag's profits |
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30 Apr 2008 |
News |
| Posted at 10:29 AM on 30 Apr 2008 Food prices hitting you hard in the pocketbook? Agriculture giant Archer Daniels Midland feels for you, it really does -- but gee, its profits jumped 42 percent this quarter, so it can't really empathize. ADM's grain-processing division is doing lively business keeping up with the bumper corn crop. And, they'll have you know, high food prices are due to high oil prices, not to the ethanol push. Backing ... |
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| Topics: agriculture, biofuels, business, energy, food, industrial ag, news (all these topics) |
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Who's cashing in on the high price of food? With food riots raging, let's open the books on the finances of Big Ag |
Anna Lappe |
18 Apr 2008 |
Gristmill |
| When we talk about the crisis in food prices, we should scrape below the surface to explore who's actually benefiting from the crisis. Unless you've had your head stuck in the freezer at Dean & Deluca, you've heard about the food crisis across the planet. A recent Financial Times displayed this staggering map of the globe: Black dots marked each of the countries were food riots have been sparked in outrage against the rising prices of food. Thirty dots in all. ... |
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| Topics: agriculture, Big Ag, biofuels, business, food, World Bank (all these topics) |
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Biofuels: good for agrochemical/GMO biz GMO giant Monsanto wows Wall Street, consolidates its grip on South America |
Tom Philpott |
13 Feb 2008 |
Gristmill |
| While debate rages on Gristmill and elsewhere about whether biofuels are worth a damn ecologically, investors in agribusiness firms are quietly counting their cash.As corn and soy prices approach all-time highs, driven up by government biofuel mandates, farmers are scrambling to plant as much as they can -- and lashing the earth with chemicals to maximize yields. At a Wall Street meeting on Tuesday, genetically modified seed/herbicide giant Monsanto promised investors ... |
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| Topics: agriculture, Argentina, Big Ag, biofuels, Brazil, business, energy, food, GMOs, industrial ag (all these topics) |
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Monsanto counts its cash Seed-and-chemical giant sees its profit triple |
Tom Philpott |
04 Jan 2008 |
Gristmill |
| In a gold rush, the firms that supply the gold diggers with tools -- not the gold diggers themselves -- make the highest and steadiest profits. That's a platitude, but it's also usually true. And it's now playing out in the boom in corn-based ethanol. Don't waste much time envying corn farmers. Sure, they've seen the price of their product double over the past year and a half or so. But they've also seen their costs inch up. Fertilizer, land rents (much of the farml ... |
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| Topics: agriculture, biofuels, business, energy, ethanol, food, industrial ag (all these topics) |
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We Always Thought It Was Industrial Strength McDonald's to power U.K. delivery fleet with its own grease |
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02 Jul 2007 |
Daily Grist |
| We Always Thought It Was Industrial Strength McDonald's to power U.K. delivery fleet with its own grease Proving once again that everything's cooler in Europe, McDonald's has announced that it will run all its U.K. delivery vehicles on biodiesel -- from its own greasy grills! The chain will convert the 155-lorry fleet to a mix of 85 percent fry grease and 15 percent rapeseed oil by next year, a ... |
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| Topics: biofuels, business, energy, food, greenish companies, news (all these topics) |
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Yo ho ho 'n' a bottle o' scum New Belgium beermakers to brew algae-based biodiesel |
Sarah van Schagen |
13 Feb 2007 |
Gristmill |
| New Belgium Brewing Co. is known for its Fat Tire Amber Ale and a number of other bubbly bevvies. But you'll want to think twice before chugging the company's latest concoction: the ecofriendly microbrewery is teaming up with energy startup Solix Biofuels to brew biodiesel from algae. (Yeah, I pirated the headline -- arrr ... how could I resist!)Before you choke on your brewski, let me explain why you're in no danger of finding bits of pond scum in your pint glass: ... |
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| Topics: food, business, biofuels (all these topics) |
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ADM, high-fructose corn syrup, and ethanol A speculation about why ADM's HFCS business is booming. |
Tom Philpott |
10 May 2006 |
Gristmill |
| In the first quarter of 2006, as I reported yesterday, Archer Daniels Midland somehow managed to boost the price of high-fructose corn syrup (HFCS) despite mounting concern over the sweetener's health effects. The company booked a cool $113 million profit from HFCS over the quarter, more than three times more than it netted in the same period a year before ($33 million). This, despite a slowing domestic market for sweet soft drinks, as consumers increasingly switch to j ... |
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| Topics: agriculture, biofuels, Brazil, business, ethanol, food, industrial ag (all these topics) |
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