Word: midlanders
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...fears of House members Nancy Pelosi and Collin Peterson, a large number of rural voters get it that subsidies are killing their communities. The failure of reform in the House and Senate shows once again who really runs this country's agriculture: the likes of Cargill and Archer Daniels Midland. Shame on the reform-minded organizations that gave up and settled for crumbs. No amount of conservation, rural development or nutrition education can compensate for the harm done by the subsidies. Let's just hope that President George W. Bush vetoes any farm bill that doesn't at least start...
...system. Farmers rightfully complain that they don't set food prices; they only receive a few pennies from the sale of every loaf of bread or box of cornflakes. When commodities are cheap, the main beneficiaries are well-heeled grain -and-livestock processors like Cargill, Tyson and Archer Daniels Midland. No, the real goal has always been to protect farmers from the vagaries of the weather and the market. Farming is indeed a risky business--most businesses are risky businesses--and farm policies have tried to reduce that risk by any means available. The result has been an evolving...
...choked at their strip-club humor and sexist, racist remarks. I commend Cox for not tolerating it any longer. But she shouldn't be so hard on herself about putting up with it before: it's still a man's world. Thankfully, that's starting to change. Linda Plackowski, Midland, Michigan...
With Nonaka gone, analysts expect Sanyo to sell losing divisions while focusing on its best product: rechargeable batteries. But even her critics say that Nonaka may simply have been ahead of her time. Better-financed companies are attempting the same kind of corporate reinvention with more success. Archer Daniels Midland, the U.S. food-processing giant, has become a hot stock-market play as America's largest producer of ethanol, an alternative fuel. "The direction toward environmental issues is the right one," says Tatsuya Mizuno, an analyst with Fitch Ratings. But it's too soon for some CEOs to bet that...
...Even her critics say that Nonaka may simply have been ahead of her time. Other, better-financed companies are redefining their images by moving aggressively into environmentally friendly products. For example, Archer Daniels Midland, the U.S. food-processing giant, has become a hot stock-market play because it is America's largest producer of ethanol, an alternative fuel seen as a way to reduce U.S. dependence on oil imports. "The direction towards environmental issues is the right one," says Tatsuya Mizuno, an analyst with Fitch Ratings. But it's too soon for CEOs to bet their jobs on the expectation...