According to a press release by the Organic Trade Association, organic food sales grew to $43 billion in 2015. This puts the organic food industry sales just below Coca Cola(#62) in the Fortune 500 and just a bit above American Airlines (#67). By contrast, seed industry “giant” Monsanto had only $15 billion in sales and ranked #189, similar to #181 Whole Foods.
This release was echoed in a different form by the pro-organic publication Food Tank on Tuesday, which also discusses the problem for farmers in transitioning to organic farming, because of the expensive three year period farming organically before they can by certified as organic. The articles note that the OTA has asked the USDA to create some sort of organic transitional designation. Incidentally, the same article was published nearly word for word in the Christian Science Monitor Wednesday.
Today the New York Times’ Stephanie Strom following…
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