France to Double Organic Farming Area by 2017: Report
May 31, 2013 02:06 PM EDT | By Staff Reporter
France aims to double the farmland area used to grow organic agriculture by 2017 to meet growing consumer demand through local production, Reuters note on Friday.
France has seen organic farming expand quickly in recent years but it remains a niche, accounting for 1 million hectares or 3.7 percent of farmland nationally at the end of 2012. They are the European Union's biggest agricultural producer.
Like Us on Facebook
"We're going to develop in such a way that we'll increase volume while maintaining the level of quality," he told reporters at a presentation of his organic farming plan. "I want the French (organic) sector to be a high-quality one."
The market for organic food in France was worth 4.17 billion euros ($5.40 billion) last year, according to the agency that promotes the development of the sector. It says an economic downturn has slowed growth from double-digit levels in previous years but 2012 sales were still up 6.6 percent on year.
According to the French organic food agency, imported organic food accounted for 25 percent of demand last year, down from 32 percent in 2011.
The second largest fastfood chain in the world will launch its first stores in India in the coming months. Target locations will be New Delhi, Mumbai and NCR.
Panera Bread Co (PNRA.O) on Tuesday lowered its full-year earnings forecast as it works to speed up service at its popular bakery cafes.
Papa John’s CEO At Funeral – John Schnatter, the founder and CEO of Papa John’s, attended a funeral held in commemoration of Gordon Schaffer’s recent passing on Sat.
The first batch of robots which will be called as Pepper will be assigned on their stations at the end of the year to sell home espresso machines and coffee capsules.
A new study has found that there is such a thing as the brain’s calorie counter, which explains why the brain has a tendency to choose junk food over healthier one, as it’s attempting to fill a quota. The discovery of the brain’s calorie counter explains the body’s need for fatty foods, beyond the fact that these types of meals are cheaper.
Sarepta Therapeutics Inc said the U.S. Food and Drug Administration had asked for additional data on its lead drug, delaying its marketing application by about six months.