
Food For Thought on Who Your Grocery Dollar Supports
There is currently little information in the media on the
devastating low income situation of farmers in the past year all
across Canada. Grain, incl corn pays less per bushel then 50 years
ago, beef sells for as little as 100 Dollar a head after being fed
for one year but the consumer gets no benefit at the retail end. Who
harvests the profit ?
Corpwatch.com published some interesting facts about organic brand
names.
Small Brands, Big Owners
What have organic brands Health Valley (cereals), Bearitos (corn
chips), Bread Shop (granola) and Celestial Seasonings (tea) have in
common? These apparently independent companies are all owned by the
Hain Celestial Group
Even though Hain Celestial is an organic giant in its own right, it
has even bigger owners. According to research by Paul Glover and
Carole Resnick of the Greenstar Food Coop (Ithaca, New York) the
company's investors include Philip Morris, Monsanto, Citigroup,
Exxon-Mobil, Wal-Mart and aerospace military contractor Lockheed
Martin. And in September 1999 the H. J. Heinz food conglomerate
bought a 20% stake in Hain Celestial.
Hain Celestial is by no means a unique case:
* Cascadian Farms is a subsidiary of Small Planet Foods, which is a
division of agribusiness colossus General Mills. And General Mill's
main shareholders include Philip Morris, Exxon-Mobil, General
Electric, Chevron, Nike, McDonald's, Monsanto, Dupont, Dow Chemical
and PepsiCo.
* Silk Soy Drink is part of the White Wave corporation, itself a
Dean Foods subsidiary. And according to Glover and Resnick, Dean
Foods' main investors include Microsoft, General Electric,
Citigroup, Pfizer, Philip Morris, Exxon-Mobil, Coca Cola, Wal-Mart,
PepsiCo and Home Depot.
* Odwalla, makers of organic orange juice, is owned by Minute Maid,
which is in turn a division of Coca Cola.
* Boca Burger is owned by Kraft, which is part of Philip Morris.
* Arrowhead Water and Poland Spring Water, are Nestle subsidiaries.
* Organic Cow, founded by small New England organic dairy farmers,
is now part of the Colorado-based Horizon, whose sales just topped
$200 million annually and which controls 70% of the American organic
milk market . Horizon Holding company was itself was acquired by the
Dean Foods conglomerate in 2003
For additional information and produce, please contact:
Laepple Organic Farm
Fritz & Linda Laepple
Phone (519) 634 1033 E-mail; laepple@golden.net