Saturday, 14 June 2008

the economics of cornflakes

It's hard to know how to classify the article below. It tkaes the reader through the history behind cornflakes and other cereals and explains how such an industry is in no small part due to the fact thatUS agricultural susidies totalled $165bn in the years between 1995 and 2005. Just five crops accounted for 90% of the money: corm, rice, wheat, soya beans, and cotton. That is why so much is produced and the surplus put into breakfast cereals

Drop that spoon! | Health and wellbeing | Life and Health

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