Why is 90% of US corn ineligible for the organic label? ?->(Show Answer!)

1. Why is 90% of US corn ineligible for the organic label?

Write Comment

Comments

Tags

Show Similar Question And Answers

QA->Corn Flower is the National Emblom of....

QA->Corn Floweris the national emlom of which State?....

QA->The book " The Why-Why Girl " were translated into Malayalam by....

QA->Estimation of Halogen in organic compound is done by....

QA->Estimation of halogens in organic compound is done by:....

MCQ-> Read the given passage carefully and select the best answer to each question out of the four given alternatives.A growing demand for organics, and the near-total reliance by US farmers on genetically modified corn and soybeans, is driving a surge in imports from other nations where crops largely are free of bioengineering. Imports such as corn from Romania and soybeans from India are booming, according to an analysis of US trade data released Wednesday by the Organic Trade Association and Pennsylvania State University. That shows a potential market for US growers willing to avoid the use of artificial chemicals and genetically modified seeds, said Laura Batcha, chief executive officer of the association, which includes Whole Foods Market Inc., Whitewave Foods Co. and Earthbound Farm LLC. The report is "a help-wanted sign" for US farmers, Batcha said. "There are market distortions that are pretty striking." Most of the corn and soybean shipments become feed for chickens and cows so they can be certified organic under US Department of Agriculture guidelines. Organic poultry and dairy operators shun feed made with seeds from Monsanto Co. and other domestic suppliers in favor of foreign products even as the US remains the world’s top grower of corn and soybeans. As a result, imports to the US of Romanian corn rose to $11.6 million in 2014 from $545,000 the year before. Soybean imports from India more than doubled to $73.8 million. Rising consumer demand in what’s been a niche market is creating shortages, pushing companies that supply farms needing organic feed to seek out foreign sources. About 90% of US corn and soy is bioengineered, thus automatically ineligible for the organic label.What is driving a surge in imports from other nations?
....

MCQ-> Answer questions on the basis of information given in the following case. Mohan’s was a popular fast - food joint at Connaught Place, Delhi. Initially Mohan handled his business alone. His sons, Ram and Kishan, joined the business after graduation from college. Ram was entrepreneurial in nature. Subsequently, another branch of Mohan’s was opened in Panipat. Mohan had chosen Ram to head the Panipat branch. Though Ram increased sales in short time, he had stopped using premium quality organic vegetables, the speciality of Mohan’s. Mohan and Kishan were not happy with his way of doing business. Now, the foremost challenge for Mohan was to sort out this issue with Ram. Mohan knew that replacing Ram with Kishan was difficult as Kishan did not want to leave Delhi. However, giving a freehand to Ram might have long term negative consequences. Mohan was confused about the future of course of actions.Mohan sought the help of five consultants, who give the following opinions: I. Organic vegetables might be a big success at Connaught place but awareness about organic vegetables is low among Panipat customers. II. The Connaught place model can be implemented in Panipat provided the business is prepared to face the consequences. III. Many high end restaurants in Panipat use organic vegetables. So, using organic vegetables will not be a differentiating factor. IV. Selling prices of their dishes in Panipat are significantly lower. Using organic vegetables will bring down profits. V. Premium quality org anic vegetables are not easily available in Panipat. Which of the following set of options would support Ram’s argument of not using organic vegetables?....

MCQ->Why is 90% of US corn ineligible for the organic label?....

MCQ-> Read the passage given below and answer the following questionsFirms are said to be in perfect competition when the following conditions occur: (1) many firms produce identical products; (2) many buyers are available to buy the product, and many sellers are available to sell the product; (3) sellers and buyers have all relevant information to make rational decisions about the product being bought and sold; and (4) firms can enter and leave the market without any restrictions—in other words, there is free entry and exit into and out of the market.A perfectly competitive firm is known as a price taker, because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. If a firm in a perfectly competitive market raises the price of its product by so much as a penny, it will lose all of its sales to competitors. When a wheat grower, wants to know what the going price of wheat is, he or she has to go to the computer or listen to the radio to check. The market price is determined solely by supply and demand in the entire market and not the individual farmer. Also, a perfectly competitive firm must be a very small player in the overall market, so that it can increase or decrease output without noticeably affecting the overall quantity supplied and price in the market.A perfectly competitive market is a hypothetical extreme; however, producers in a number of industries do face many competitor firms selling highly similar goods, in which case they must often act as price takers. Agricultural markets are often used as an example. The same crops grown by different farmers are largely interchangeable. According to the United States Department of Agriculture monthly reports, in 2015, U.S. corn farmers received an average price of $6.00 per bushel and wheat farmers received an average price of $6.00 per bushel. A corn farmer who attempted to sell at $7.00 per bushel, or a wheat grower who attempted to sell for $8.00 per bushel, would not have found any buyers. A perfectly competitive firm will not sell below the equilibrium price either. Why should they when they can sell all they want at the higher price?Source: Principles of Economics, Download for free at http://cnx.org/content/col11613/latest.According to the passage, why is a perfectly competitive firm a price taker?
....

MCQ-> A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives. My coat's pretty warm, even though it cost £9.99 and came from the flea market. It had a label in it, CHRISTIN BIOR, but I cut it out as soon as I got home. You can't work where I work and have CHRISTIN BIOR in your coat. You could have a genuine vintage Christian Dior label. Or something Japanese. Or maybe no label because you make your clothes yourself out of retro fabrics that you source at Alfies Antiques. But not CHRISTIN BIOR. As I get near Catford Bridge, I start to feel a knot of tension. I really don't want to be late today. My boss has started throwing all sorts of hissy fits about people "swanning in at all times," so I left an extra twenty minutes early, in case it was a bad day. I can already see: It's a god-awful day. They've been having a lot of problems on our line recently and keep cancelling trains with no warning. Trouble is, in London rush hour, you can't just cancel trains. What are all the people who were planning to get on that train supposed to do? Evaporate?What aspect of the coat she wanted to hide?
....