Southern Crop

Southern Crop

How Food Spending Varies with Income

The question of how much money people spend on food as their income rises or falls has been a question that has long interested economists.  If food is a “normal” good, one would expect consumption (and spending) to increase as income increases.  This relationship has implications for projections of food demand and food security as incomes grow or as countries develop and become wealthier.

 

Read more

Related Articles

Of Doritos, Goats and Satiety Triggers

The first and most basic premise of Mark Schatzker’s provocative 2015 book “The Dorito Effect” seems sound enough: Flavor matters. “We eat,” Schatzker says, “because we love the way food tastes.” Read more

Read More »

Dole May be Bought by Belgian Company

According to a report Monday by Reuters, Belgian company Greenyard NV is exploring an acquisition of Dole, a California-based fruit and vegetable producer that could be valued at more than $2.5 billion, including debt. Greenyard NV is a global market leader in fresh and prepared fruit and vegetables.   Read more

Read More »