Title : Costco Is Buying Over A Thousand Acres Of Land For Local Farmers To Grow Organic Produce
link : Costco Is Buying Over A Thousand Acres Of Land For Local Farmers To Grow Organic Produce
Costco Is Buying Over A Thousand Acres Of Land For Local Farmers To Grow Organic Produce
"we can not get organic enough to stay in business day after day," Jelinek told investors during a shareholders' meeting.
In order to address the problem of not having enough products, Costco came up with an innovative idea :. To buy land and equipment to farmers so they could start growing organic produce for them
The project is still in the early stages. So far, only Costco has worked with a partner, the wholesaler based in San Diego product Andrew & Williamson fresh produce. They lend money to organic farmers so they could buy equipment and 1,200 acres of land in the Mexican state of Baja California.
Although other retailers have helped farmers financially with programs similar loans, it is one of the few initiatives that are intended to encourage farmers to go organic.
The reason retailers encourage providers to go organic is so rare in the food industry because it can take many years and a lot of money to make the transition from conventional agriculture to organic farming. The land needed to produce organic food is scarce and often very expensive, so the initiative Costco even more impressive.
This project arose in response to the growing demand for organic products. According to the Organic Trade Association, organic food sales jumped from $ 11.3 billion in 2004 to $ 35.98 billion in 2014.
"Demand is growing. But we are not seeing the same level farmland "says spokeswoman Angela Jagiello association. "We're not seeing the level of growth we need in the domestic supply to meet demand."
This is not the first time Costco has spent money to increase its supply of organic food. Costco has been buying cattle for the last year and is contracting with owners of organic fields in Nebraska to have raise cattle farmers not to plant program organic meat.
Costco projects to help local farmers to grow organic products will increase their offer so you can meet this new increase in demand for organic food. It will also help local farmers prosper and reduce the need for imported foodstuffs, which have been found on several occasions that contain high levels of pesticides, antibiotics and harmful bacteria.
Source: thehearthysoul.com
Other links include: seattletimes.com
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