It's bloomin' idiotic

Can words describe how bad corn ethanol is?

Well, maybe my words can't describe how bad corn ethanol is, or Mayor Bloomberg's, or those of top scientists, but I think I have found someone's words that do: Opus's from Bloom Country. First, however, the lastest grim news from Fortune: "The ethanol boom is running out of gas as corn prices spike." Yes, "plans for as many as 50 new ethanol plants have been shelved in recent months." Why? Spurred by an ethanol plant construction binge, corn prices have gone stratospheric, soaring from below $2 a bushel in 2006 to over $5.25 a bushel today. As a result, it's become difficult for ethanol plants to make a healthy profit, even with oil at $100 a barrel. If you can't make money with oil at $100 a barrel, you are not much of an alternative fuel. But I know what you're thinking -- if corn ethanol is so bad, what's wrong with plants being scrapped? Well, the corn ethanol business is here to stay. The corn ethanol mandate from the most recent energy bill requires doubling supply from current levels. Fortune explains what that means:

Genetically modified fruits and veggies in U.S.?

Forbes says that Frankenfruits are already here

In the mid-’90s, amid much fuss, a biotech firm called Calgene introduced the Flav’r Saver tomato. Genetically engineered to last longer on the shelf, the Flav’r Saver didn’t turn out to have much “flav’r” to save. To make a long story short, consumers generally steered clear of it; farmers had trouble growing it; Calgene burned hundreds of millions developing and marketing it; and eventually ended up tossing it on history’s compost pile. In the end, Monsanto ended up buying Calgene at a fire-sale price. Not many people ever ate a Flav’r Saver tomato; but the tomato in effect ate a …

One hell of a company

Monsanto uses child labor in its Indian cottonseed fields

Photo: iStockphoto Monsanto dominates the global seed industry and churns out $1 billion a year in profit. Investors are so enamored of its market power and profitability that they’ve bid up its share price by nearly 1500 percent since 2004. So why does Monsanto rely on farms that use child labor to cultivate its genetically modified cotton seeds in India? From Forbes Magazine: Yothi Ramulla Naga is 4 feet tall. From sunup to sundown she is hunched over in the fields of a cottonseed farm in southern India, earning 20 cents an hour. Farmers in the Uyyalawada region process high-tech …

There will be ethanol

Archer Daniels Midland will squeeze out competition, says Fortune

Record corn prices aren’t just squeezing consumers. They’re also hurting the ethanol industry — yes, the very folks whose ravenous appetite for corn drove up prices in the first place. From Fortune Magazine: Cargill announces it’s scrapping plans for a $200 million ethanol plant near Topeka, Kan. A judge approves the bankruptcy sale of an unfinished ethanol plant in Canton, Ill.. And that was just Tuesday. Indeed, plans for as many as 50 new ethanol plants have been shelved in recent months, as Wall Street pulls back from the sector. What’s up? Didn’t the government recently bail out the industry …

Fishing for hope at a seafood-industry trade show

Photo: Chris Seufert Viewed from a distance, the Boston Convention Center looks a bit like a great white whale — an appropriate setting for the annual International Boston Seafood Show. The building’s vast interior offers great vistas for people-watching, often through huge glass windows. People move through the hallways and aisles in large groups; watching them was a bit like gawking at schools of fish through the glass pane of the giant tank at the Monterey Bay Aquarium. What sort of species were on display in this human fishbowl? Academic and NGO types darted about here and there, but industry …


TV chef Emeril Lagasse kicks it up a notch.

Personal miscellany break

Dear people who have sent me email in the last month or so, to whom I honestly meant to reply — even marked the email "important" — but still haven’t yet, I’m sorry. I lost a week to a snowboarding vacation, another week to being distracted by the thought that I wanted to drop out of society and snowboard full time, two days to jury duty, and who knows how many more hours trying to catch up with all the news I missed. Also I’m a bad person. I shall endeavor to give your email the attention it deserves in …

Umbra on organic bananas

Dear Umbra, Why are organic bananas always smaller and almost always greener than non-organic? BG Tallahassee, Fla. Dearest BG, Hmm. Fresh organic fruits and vegetables often differ in appearance from their conventionally grown kin. They’re the hippies of the produce world: unwaxed, expressing their individualism, coming to the produce stand as they are, lumps and all. Although I notice this has changed some over the past couple decades as organic farming has become industrialized and the produce has become more uniform. Green bananas: still a-peeling? Photo: Ian Ransley Smaller size can be a result of organic production methods. When a …

Farm bill agonistes

After all the fuss, looks like we might get an extension of the 2002 farm bill

Photo: iStockphoto Remember the farm bill — the omnibus federal legislation that generated so much sound and fury last year? Like a downer cow slouching toward its executioner, the farm bill still lives, sort of. The House, Senate, and president are haggling over it, squabbling over the bill’s price tag and how it will be funded. If they don’t hash something out by March 15, they may just extend the 2002 farm bill. Here’s what Tom Harkin, chair of the Senate Ag Committee, told Brownfield News: “I’d say at this time, at this point, an extension of the present farm …

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