BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Costly crude oil means costly cooking oil for much of developing world]]>http://www.bloggingstocks.com/2008/01/21/costly-crude-oil-means-costly-cooking-oil-for-much-of-developing/http://www.bloggingstocks.com/2008/01/21/costly-crude-oil-means-costly-cooking-oil-for-much-of-developing/http://www.bloggingstocks.com/2008/01/21/costly-crude-oil-means-costly-cooking-oil-for-much-of-developing/#commentsFiled under: , , , ,

The decade's dramatic rise in crude oil prices to roughly $90 per barrel levels has had a lesser-known, but equally consequential impact on life in the developing world -- a rise in price of cooking oils from palm, soybean and many other types of vegetable oils, The New York Times reported.

The United Nations Food and Agriculture Organization said that exports of 60 internationally-traded foodstuffs increased 37% in 2007, following a 14% rise in 2006. Further, price increases in cooking oils hit the developing world particularly hard, as the bulk of poor families in these countries grow their own food, but buy the oil to cook it with.

In the case of palm oil, The Times reported that rising consumption in China and other emerging markets, along with use of the oil in developed markets as a substitute for chemically-altered trans fats, are two major factors behind its price rise.

Biofuel nexus

However, for other oils the rise in crude oil is playing a considerable role, according to London-based economist Mark Chandler. Chandler, whose economic specialization includes developing world economies, said crude oil's rise has led to a dramatic rise in the use of cooking oils as biofuels.

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Costly crude oil means costly cooking oil for much of developing world originally appeared on BloggingStocks on Mon, 21 Jan 2008 14:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Asiabiodieselcooking oilcornCPIcrude oildeveloping worldemerging marketsfeaturedfood pricesinflationLatin Americaoil pricespalm oilsoybeansUnited Nationsvegetable oilMon, 21 Jan 2008 14:30:00 EST<![CDATA[Top 25 stocks for the NEXT 25 years: Darling is not glamorous]]>http://www.bloggingstocks.com/2007/05/22/top-25-stocks-for-the-next-25-years-darling-is-not-glamorous/http://www.bloggingstocks.com/2007/05/22/top-25-stocks-for-the-next-25-years-darling-is-not-glamorous/http://www.bloggingstocks.com/2007/05/22/top-25-stocks-for-the-next-25-years-darling-is-not-glamorous/#commentsFiled under:

The NEXT company in my ongoing series of the Top 25 stocks for the NEXT 25 Years is Darling International, Inc. (AMEX: DAR). Darling is headquartered in Irving, Texas, and has a current market capitalization of $715 million. The stock is trading at around $8.90 and has a daily average trading volume of 800,000 shares. The company does not play in a glamorous industry as its name would imply, but it does operate in a growing, vital industry.

Darling provides recovery, rendering, and recycling services and solutions to the food and restaurant industry. The rendering division collects and processes animal by-products including the hides from grocery stores, poultry and meat processors, and butcher shops. It processes these by-products into reusable proteins and oils sold to leather and oleo-chemical producers.

The restaurant services division collects used cooking oil from food services providers, including cafeterias and restaurants, and recycles these oils into industrial oils and high-energy animal feed. The division also manufactures grease-traps used by high-volume food preparers and restaurants. The businesses as I said are not glamorous, but certainly critical as industry handles its waste products more efficiently and profitably.

Continue reading Top 25 stocks for the NEXT 25 years: Darling is not glamorous

Top 25 stocks for the NEXT 25 years: Darling is not glamorous originally appeared on BloggingStocks on Tue, 22 May 2007 18:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>animal feedscooking oilCookingOilDARDarling InternationalDarlingInternationalfood industryfood servicesgrease-trapsindustrial oilsleather producersoleo-chemical producersrecyclingrenderingrestaurant industrywaste productsTue, 22 May 2007 18:55:00 EST