Monday, February 9, 2009

UK: Potatoes losing ground to pasta and rice and other top headlines

While potatoes are considered the most recession proof of all commodities, this story from the UK raises the specter that potatoes could suffer an erosion in "share of stomach" to rice and pasta.

From the Mail online:

New research warns that potato consumption could fall by up to 17 per cent in the next decade as many teenagers believe the starchy vegetable makes them fat.

A report by industry body the Potato Council cites a survey of 600 seven to 14-year-olds where one in seven said potatoes were unhealthy.

A separate poll of 2,000 adults found four in ten under-30s couldn't cook roast or jacket potatoes.

Kathryn Race, of the council, said: 'It is disappointing that a whole generation can't make a meal with one of our most-loved staple foods.'

The report also claimed 86 per cent of pensioners chose potatoes as their carbohydrate, compared with 63 per cent of young adults.

Schwartz has plans for Salyer American
The Californian

Senators: reopen COOL
From Pork

Target America and Wal Mart America
Christian Science Monitor

Stimulus will stimulate inflation only From The Bulletin
The proposed package of pork is the largest spending bill in American history. Expressed in current dollars, it is roughly double the size of the entire New Deal, much of which was true infrastructure spending.

It is also more spending than the Iraq and Afghanistan wars combined. It is likely to garner no more than a handful of Republican votes, largely because no Republican input was sought in the House, and only two Republican deal-making senators were involved in reaching the Senate compromise. For the new president, it was a tragic waste of an historic leadership opportunity.

For the rest of us, it will result in the greatest transfer of debt to a succeeding generation in the history of the world. This is not the kind of change that Mr. Obama promised. It is a disturbing milestone in his first month.

Sustainability not a household term
From QSR
Results from a January study by The Hartman Group mean bad news for tree-huggers. According to the report, "sustainability" is not a household word. To make matters worse, consumers don't really even know what it means.

Despite the rising popularity of eco-friendly products, the "Sustainability: the Rise of Consumer Responsibility" report found that consumer familiarity with the term "sustainability" was virtually equal in 2008 and 2007. Slightly more than half of respondents (58 percent) indicated that they were familiar with the term today versus 54 percent in 2007.

Neil Parish: EU pesticide action takes no account of risk

Peru stakes claim to pisco sour

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