If I could give an award for the most bewildering headline in recent months, it would be the WSJ story about Pepsi and the shrinking cola market. Let me get this straight. PepsiCo is criticized for focusing on healthy foods?
Wal-Mart's recent announcements continue a five-year campaign to green the supply chain, but they add in some interesting new twists as well. The entire agricultural sector and everyone who eats will feel the ripples of these moves.
Lately there has been a lot of hoopla in the Big Apple about the federal food stamp program, now officially known by the snappy acronym SNAP (the Supplemental Nutrition Assistance Program). Everybody, it seems, has an opinion.
A policy that makes fortunes for commodity traders, for hedge fund operators, for the gold and silver crowd while squeezing 90% of the nation is a terrible price to pay for replacing deflation with inflation.