The Bureau of Labor and Statistics (BLS) Consumer Price Index (CPI) carries significant weight in the flow of decisions and confidence in the US economy. Does the CPI mirror authentic food purchases? YES! Are household food expenditures and the Food … Continue reading →
Fifteen years ago, I mentioned to my brilliant director at University of California, Davis, California Biomass Collaborative, that I thought we were heading to a future where we could produce milk and meat without animals, through cellular regeneration. We had … Continue reading →
The American Farm Bureau Federation does an excellent job with the annual Thanksgiving Meal Survey, and they have for nearly 40 years. They have the infrastructure and the expertise to make it work every year. All of their prices are … Continue reading →
Food prices have been inflated. Food, as a category in the Consumer Price Index (CPI) is no longer driving inflation. The Wall Street Journal reported on November 2, 2024, that grocery distributors are causing food prices to increase and cause … Continue reading →
The more things change, it seems the more they stay the same. This Biomass Rules chart with data from 2006, appeared in Chapter 19: Williams, James L. and Mark Jenner. Petroleum Dependence, Biofuels – Economies Of Scope And Scale; US … Continue reading →
Paying $3 for a drive-thru coffee is a rational choice when the alternative is no coffee at all. It is also reasonable to pay $4 for a box of corn cereal. If one, 12-ounce box of cereal provides 8 bowls … Continue reading →
In the most recent post, the case was made that in their role as producers, farms transform inputs into outputs more than establish and maintain markets in the final goods and services, retail sector. The 2022 Census of Agriculture also … Continue reading →
The previous post, The Price of Food Dominates Alternative Use Markets, sparked a desire to map out the farm-level activities into feed, fuel, and food. This was an innocent effort and was not successful. The transformations that occur on a … Continue reading →
In the old days, agribusiness referred to a business providing farm inputs. This broadly impacted everything involving goods and services connected to agricultural commodities. Commodities are the raw products from crops and livestock that cannot be differentiated on product quality. … Continue reading →
