Thursday, Mar 27, 2008
Inflation: Why agricultural prices hit the developing world hardest
FT Alphaville: When is food not food?
Nice picture of how much processed food we eat compared to the developing world.
Posted by happyrenterz @ 01:27 PM (388 views) Add Comment
5 Comments
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1. happyrenterz said...
2. titaniccaptain said...
@ Happy Renterz
One of the best postings ive seen on here brilliant
3. mark said...
when it is sold by tescos... it is mainly salt and chemicals...
4. This comment has been removed as it was found to be in breach of our Blog Policies.
5. cyril said...
I think this article is a load of rubbish. Food might only make up 1% of the cost of processed food, but if it goes up to 2%, everyone in the chain will want to preserve their margins.
I once knew a bloke who purchased clothes from Asian sweatshops for a big chain store. I couldn't understand why they were interested in shaving off a couple of pence from the price of a shirt that retails for say £25. Same principle applies - it's all about the margins in a long supply chain.