Friday, April 15, 2016

Organic Does Not Equal Locavore

A Bloomberg piece on the importing of organic grain from Romania and India.  It's certainly not energy-efficient.

This is related to the next post on Costco springing for the costs of converting farmland to organic.  I'd interpret both as saying the price premium for organic is promising enough to warrant these measures.  I'd also guess there will be at some point down the road an overbuilding of organic capacity, because farmers usually overshoot their market corrections.

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