Word: flouring
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Says Walter Heller, a member of TIME's Board of Economists: "As I look at the various pieces of food-processing business, whether it is flour milling or cheese manufacturing, the profit margins are absolutely miserable all down the line...
...code was described by FDA Commissioner Charles Edwards as "the most significant change in American marketing since food labeling began." His description is accurate. Some of the new regulations merely clarify or expand existing rules that require only the listing of ingredients (such as beef, salt or flour) in the order of their predominance in a product. Current practice normally does not disclose nutritional components-protein, fat, carbohydrates. Other changes represent substantial shifts in the FDA'S attitudes toward informing the consumer. Among the provisions...
NUTRITIONAL LABELING will not be Universally compulsory, but it will be required on all foods to which nutrients are added, such as bread, flour, fortified milk and fruit juices. It must also be included on all products for which nutritional claims are made. Labels must include the serving size and number of servings per container, spell out the caloric, protein, carbohydrate and fat contents and list the percentages of the FDA's recommended daily allowances (RDA) of protein, vitamins and minerals...
...current activity on the Chicago Board of Trade, the world's largest commodity exchange, is a reliable indicator of future food prices, housewives might have to spend more at the grocery store next year for such basic items as bread, flour and meat. Grain dealers and agribusiness giants such as Ralston Purina and Quaker Oats sell and buy future contracts on the exchange-and each transaction really amounts to a bet on what commodities will actually sell for in one to nine months. Since November, the 124-year-old exchange's volume record and many of its price...
...Reader A.R. Heldt astonishes me when he says in his letter [Nov. 13] that all members of Jim Thorpe's generation were raised on "organic" foods. Was the widespread use of white sugar and bleached white flour organic? And did the people of Jim Thorpe's time have year-round access to fresh vegetables, fresh fruit and fruit juices...