Market
Wednesday, August 10, 2011
WHY PALM OIL IS "UNJUSTIFIABLY" TARGETED? IT IS TIME FOR COUNTER ATTACK
Tuesday, July 19, 2011
FOOD "APARTHEID" IN MAKING?-IT IS TIME FOR WTO TO INTERVENE
Why is that some countries in the West try to put road blocks in the economic development of "not so well to do" countries in such a blatant way? Probably ugly protectionism may have some thing to do with such reprehensible policies under which domestic industry is "cocooned" to ward of any adverse influence through imports of low cost foods and ingredients from developing countries. The only way to counter such a strategy will be to declare many foods made in the developed countries unacceptable unless they modify their label declaration to suit the needs of the developing countries. If the world gets into such a "tit for tat" treatment mode, what will be the future of WTO which is supposed to remove all barriers for free and fair trade among the nations in a true spirit of a "global village" with no boundary restrictions? Nothing but utter chaos!
http://vhpotty.blogspot.com/
http://foodtechupdates.blogspot.com
Monday, December 20, 2010
WHY THE PALM OIL IS DISCRIMINATED AGAINST? NO RHYME OR REASON!
For the last 5 decades systematic attempts were being made to target Palm oil and label it as unhealthy. Probably the fact that it is the most affordable edible oil in the world is working against this common man's oil and some of the Western countries with their large production base of Canola and Soybean Oil, have a vested interest in this diabolical plot as they find it difficult to face competition from oils coming from Asia like Palm oil and Coconut oil. Though both Palm oil and Coconut oil have been proved conclusively to be safe, the orchestrated charade against them continues unabated. It is unfortunate that a country like Australia with no stake in this controversy has got into the band wagon of Palm oil "haters".
"As per the prediction of a manager with one of the most popular food companies in Australia the food industry will gradually play a key role in phasing out palm oil just like the building industry phased out asbestos. Palm oil is frequently used in the production of snacks, frozen foods and bread spreads since it is a cheap alternative which is very high in saturated fat. It is also disguised as 'vegetable oil' by food companies on labels. Some prominent brands use this oil for their products like Nutella, Kraft peanut butter and chips by Smith's. This oil has recently become a controversial product which is being used in foods because of its high saturated fat content. The palm oil plantations also have several other harmful effects on the environment. The business manager of Dick Smith Foods, Paul Grundy said that his company is among those who have asked this ingredient to be removed from all the spreads after customers have expressed their concern about this ingredient. He said, "Asbestos was used in building materials 50 years ago and today it is not, because they [the manufacturers] recognized the hazards with it. The same happens in food products: ingredients change over time, based upon more a more enlightened view of the world."
It is the height of stupidity and sense of arrogance for a spokesperson of the Australian food industry to compare Palm oil with Asbestos which is banned because of its proven involvement in lung related ailments. What harm Palm oil has done to human beings for it to be compared with Asbestos? One has to only point out the enormous damage done by the Western originated "Hydrogenated Fats" which contained high levels Trans fats considered a major culprit in the rampaging incidences of heart disease being seen all over the world. What right do these antagonists of Palm oil have in condemning it with no scientific evidence? Another excuse to condemn Palm oil is that the producing countries in Asia are denuding the jungles for expanding its cultivation thus causing harm to the environment. Same applies to Brazil also which is cultivating sugar cane in thousands of acres of land after clearing Amazon forest and do the Western countries shun Sugar or Bio-ethanol exported by Brazil? Palm oil producers must counter such discriminatory practices by banning import of soy oil and Canola and products made there from originating in these countries as a "tit for tat" response to the irresponsible campaign against this "innocent" oil.
http://vhpotty.blogspot.com/
http://foodtechupdates.blogspot.com
Monday, March 8, 2010
CARBON "LOAD"-NEW "MANTRA" IN UK
Whether it is a useful practice with any impact on the environment or a ploy to buy out time, the current thinking in the UK, Australia, Japan and other countries to introduce a provision under the labeling regulations to declare the "carbon load" of each processed food product, remains to be seen. The new policy is supposed to guide the consumer in the isles of supermarkets to products causing lowest pollution during its production and processing. If the consumer has very limited choice vis-à-vis "green" products, it is unlikely that the expected result is achieved.
"Supermarket food in the UK will be labeled to show its carbon footprint, country of origin and animal welfare standards as part of the government's new food strategy for the next 20 years, reports the Telegraph. The voluntary "green" food labels will show how much carbon was produced in the manufacture and transportation of food, according to the article. Companies such as Tesco, PepsiCo and other leading brands already display a "carbon reduction label" on certain products showing the amount of carbon dioxide produced in grams in growing the food, packaging and transportation, reports the Telegraph".
In the absence of reliable and independent verification system to ascertain the claims of carbon reduction by different manufacturers, it may degenerate into a "free for all" situation allowing all and sundry to declare that their products are "green", similar to the health claims made by some of the manufacturers without any scientific data. WTO should frown upon such practices to prevent undue discrimination against imported products which invariably will have more carbon load. Such a system may be difficult to be implemented because of deemed discrimination against small processors who have no means to comply with such compulsory regulation due to cost and logistical constraints and the big players with unlimited resources and muscle will elbow out smaller ones from the market on this score. Instead of resorting to such gimmicks, national governments must sensitize the growers, distributors and retailers regarding the urgency to reduce CO2 emission at their operational levels.
http://vhpotty.blogspot.com/
http://foodtechupdates.blogspot.com