Tuesday, August 19, 2008

Demand destruction in food?

Some recent numerical and anecdotal data:

Rising food costs turn US city folk into do-it-yourself farmers:

"Mr George Ball, chairman of W. Atlee Burpee, the country's largest seed company, said he has seen a 30 to 40 per cent increase in vegetable seed sales this year.

'I think the thing that tipped the scale was the fuel and food costs. This is a big deal for middle-class people.'"

Sales of veg seed soaring

Americans fed up with high produce costs turn to planting gardens

1 comment:

emily xyz said...

And didja see the article abt MOnsanto in Vanity Fair a couple of months ago? (w/ Madonna on the cover) Oooh, what a bunch of evil fuckers!