The Secret Financial Life of Food: From Commodities Markets to Supermarkets | bei

The Secret Financial Life of Food: From Commodities Markets to Supermarkets 

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Just as the Slow Food movement revolutionized the farmers relationship to the table, The Secret Life of Financial Food reveals the economic pathways connecting food to consumer, unlocking the mysteries behind culinary trends, grocery pricing, and restaurant dining. Newmans lively and compact history travels back to the markets of ancient Rome and medieval Europe, where vendors first distinguished between spot sales and sales for delivery. She retraces Asias famed spice routes and recounts the spice craze that prompted Christopher Columbuss journey to North America, and she links these developments to modern day Indias bustling peppercorn market. Newman centers her history on corn and its transformation into a ubiquitous commodity, and she uses oats, wheat, and rye to recast Americas westward expansion and the Industrial Revolution. She discusses the effects of such mega-corporations as Starbucks and McDonalds on futures markets, and she considers burgeoning markets, particularly super soybeans, which could scramble the landscape of food finance.


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