Boston, Mass. based Converted Organics, Inc. is turning trash into cash at its new processing facility in Woodbridge, New Jersey. The company just announced the receipt of the first food-waste shipment for conversion to high-grade organic fertilizer.

Waste management firm Russell Reid of Keasbey, New Jersey delivered the 70-ton load on Tuesday (July 1st), marking the first batch of liquid food waste to enter Converted Organics’ high-temperature liquid composting system. The two companies have a standing agreement regarding the processing and conversion of waste obtained from Russell Reid’s food service customers.

“We have begun processing our first shipment of 15,000 gallons of liquid food waste (approximately 70 tons), and are very pleased that its conversion into high-quality organic fertilizer via our High Temperature Liquid Composting (HTLC) system is proceeding as efficiently and effectively as expected,” stated Edward Gildea, president of Converted Organics. “Our team of experts in Woodbridge expects similar

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By Jason Simpkins Associate Editor For more than a decade, European policymakers have spurned genetically modified crops, but these so-called Frankenfoods are beginning to look more and more appetizing in the wake of food shortages and soaring prices. Only 21% of Europeans are willing to eat genetically engineered food, according to a survey by the European Commission. Some nations, such as France, have banned the planting of genetically modified crops, while others like Germany have enacted laws that allowed foods to be labeled as “GM free.” Critics insist that such foods could pose risks to health and the environment, and further assert that genetically modified crops produce better yields. “Most testing is carried out by the very biotech companies that have the most to gain from results that say GM food is safe,” the activist group Friends of the Earth says on its Web ...

Friday was Day #2 of our most recent attempted rally. A tame CPI report helped boost stocks throughout much of the day. The hiccup of the day came starting after lunch where we say selling hit the markets. Many market pundits, including RevShark were calling for the demise of the morning rally. Intraday trading like this is dangerous and RevShark and other s were proven wrong. Stocks were able to gather steam and close on the highs of the day. Extremely bullish movement by the markets, but the caveat was volume. Volume declined crossed the board, lessening the impact of the bullish price action. Tuesday will market Day #4 of the attempted rally and where we’ll need to see confirmation of this new rally attempt. Crude Oil, Natural Gas, and now Agriculture and Grains are joining commodities that are continuing their recent ...

All CNBC can talk about this morning is Lehman Brothers. How many people does that effect? Meanwhile, oil is not pulling back much from its biggest one-day surge EVER on Friday. Don’t you think that deserves more headline time? The average price of a gallon of gasoline in the United States hit $4 for the first time ever Sunday. I think that affects a heck of a lot more people than Lehman Brothers. More on gasoline prices HERE.Gold Rises in London as Dollar, Near-Record Oil Heighten Inflation Concern Gold rose for a second consecutive trading session in London as the dollar declined and oil traded close to a record, bolstering demand for the metal as a hedge against a weaker U.S. currency and faster inflation. Corn Climbs to Record on U.S. Midwest Flooding; Soybeans, Wheat, Rice Gain Corn jumped to a record as rain in the ...

I wanted to follow up on the farm land, and related, stocks. Allow me to disclaim the hell out of this research. I do not vouch for the accuracy of any of the ticker symbols as things get lost in the translation going from the symbols on the local markets and the US five letter identifier. Further I have not done what I would call proper research on any of the names this merely an acknowledgment that these companies exist. This post is just my sharing what I have found so far but there is more looking still to be done. Remember the big macro which I think is that the dynamics of supply and demand for food are changing. There has been a combination of more demand from incrementally richer countries, investment demand for certain products, funky weather in some places (Australia had ...