Category: Valuation

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Mine’s a decaff

We’re always on the look-out for examples of the financial value of germplasm collections which don’t involve some obscure and faraway disease, however nasty. So it was really nice to come across a great story about the search for naturally low-caffeine coffee, and in the Wall Street Journal no less. Coincidentally, there was also a blog post yesterday about the wild coffees of Madagascar. ((Yes, dear reader, we nibbled both these things yesterday, but I thought, on reflection, that they were worth a bit more than that.)) Some of the many species found on that island are known to have low caffeine levels, but “[a]ttempts to transfer the caffeine-free property from wild coffee species of Madagascar, which produce an inferior beverage, to C. arabica have failed owing to a strong genetic barrier.”

LATER: I wonder if the recent Korean “land-grab” in Madagascar will have an effect on wild coffees and other interesting endemics.

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Discourse for dinner

This is not just any blog. It is a local blog. Or at least you could pretend I live in your street, and shop in your mall. Does that makes this post more palatable?

It seems to work that way with food. At least where I come from, a dish that is “from our own garden” is supposed to be of high quality, not a sign of poverty. Chad Nilep, in an elegant post on the Linguistic Anthropology blog reflects on the Japanese preference for “naichimai”, Japanese grown rice ((Ed.: Coincidentally, there’s more on Japanese crops over at Vaviblog today.)):

Thus (I thought to myself this afternoon), while consuming naichimai, Japanese consumers enjoy not only the material element of the rice itself, but also the melancholic discourses of national nostalgia, imagined though they may be.

But you could also imagine that I live in a far and exotic place where we produce and eat food that you can only envy. Europe is full of that tradition: ham and cheese from Parma, bubbly wine from Champagne. You name it.

Ask for the main discourse the next time you are eating out.

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The value of pollination: euros 153 billion in 2005

INRA and CNRS French scientists and a UFZ German scientist found that the worldwide economic value of the pollination service provided by insect pollinators, bees mainly, was €153 billion in 2005 for the main crops that feed the world. This figure amounted to 9.5% of the total value of the world agricultural food production. The study also determined that pollinator disappearance would translate into a consumer surplus loss estimated between €190 to €310 billion.

My jaw dropped. Read the full study here.