Saturday, July 12, 2008

Boston's 'Green' Dining Scene

Taranta

[taranta]
Taranta
Taranta's cassava-root gnocchi

The green scene: Taranta is just as known for its high-end Italian-Peruvian cuisine as it is for being green. Chef and owner Jose Duarte, who won this year's City of Boston Green Business Award, constantly combs his operations for eco-friendly opportunities, and blogs about improvements, which include a sustainable, organic and biodynamic wine list, energy-efficient appliances and composting of food scraps. The restaurant's truck, used to pick up produce and supplies, operates on fryer oil.


Click here to read the full W.S.J. article

Tuesday, July 8, 2008

PowerShares Dynamic Food & Beverage (PBJ)
















PBJ maybe seeing a bottom as Daily chart shows signs of a reversal.

PowerShares Dynamic Food & Beverage Portfolio (the Fund) seeks investment results that correspond to the price and yield of an equity index called the Dynamic Food & Beverage Intellidex Index (the Food & Beverage Intellidex). The Food & Beverage Intellidex consists of stocks of 30 United States food and beverage companies. These are companies that are engaged in the manufacture, sale or distribution of food and beverage products, agricultural products and products related to the development of new food technologies. These companies may include companies that sell products and services, such as meat and poultry processing, and wholesale and retail distribution and warehousing of food and food-related products, including restaurants, grocery stores, brewers, distillers and vintners, as well as companies that manufacture and distribute products, including soft drinks, packaged food products, health food and dietary products. Its investment advisor is PowerShares Capital Management LLC

MILK PRICES RISE ABOVE $4 A GALLON FOR FIRST TIME

Milk is about as expensive as gasoline nowadays.The monthly threshold price for milk -- the highest amount retailers can charge in stores -- shows a large increase for the month of July.

Wednesday, June 18, 2008

If you want to trade food and beverage on the market, PBJ is your stock

















PowerShares Dynamic Food & Beverage Portfolio (the Fund) seeks investment results that correspond to the price and yield of an equity index called the Dynamic Food & Beverage Intellidex Index (the Food & Beverage Intellidex). The Food & Beverage Intellidex consists of stocks of 30 United States food and beverage companies. These are companies that are engaged in the manufacture, sale or distribution of food and beverage products, agricultural products and products related to the development of new food technologies. These companies may include companies that sell products and services, such as meat and poultry processing, and wholesale and retail distribution and warehousing of food and food-related products, including restaurants, grocery stores, brewers, distillers and vintners, as well as companies that manufacture and distribute products, including soft drinks, packaged food products, health food and dietary products. Its investment advisor is PowerShares Capital Management LLC.

More information on the ETF can be found here:

http://www.invescopowershares.com/products/overview.aspx?ticker=PBJ

http://www.invescopowershares.com/pdf/P-PBJ-PC-1.pdf

Wine, meat and bananas all see prices surge

Wine, meat and bananas have all becomes victims of surging prices due to a combination of rising fuel costs, poor harvests and weak currency.

Sunday, June 8, 2008

Chef Grant Achatz wins top James Beard award

Grant Achatz of the Chicago restaurant Alinea, who last year overcame a mouth cancer that threatened his life and his ability to taste, was named the country's outstanding chef Sunday night at the 18th James Beard Foundation Awards in New York.

Wine service: Eleven Madison Park, New York.

Wine/spirits professional: Terry Theise, Estate Selections, Silver Spring, Md.

Great Lakes region chef: Carrie Nahabedian, Naha, Chicago.

New York chef: David Chang, Momofuku Ssäm Bar, New York.

Southwest chef: Lachlan Mackinnon-Patterson, Frasca Food and Wine, Boulder, Colo.

Mid-Atlantic chef: Eric Ziebold, CityZen, Washington, D.C.

Northeast chef: Patrick Connolly, Radius, Boston.

South chef: Michelle Bernstein, Michy's, Miami

Pacific chef: Craig Stoll, Delfina, San Francisco

Midwest chef: Adam Siegel, Bartolotta's Lake Park Bistro, Milwaukee

Northwest chef: Holly Smith, Café Juanita, Kirkland, Wash.

Southeast chef: Robert Stehling, Hominy Grill, Charleston, S.C.

Friday, June 6, 2008

As Costs Keep Rising, Restaurateurs Find Creative Ways to Cope

The last delivery of 100-pound sacks of flour cost $7 more apiece than the previous load had, said Ms. Levin, whose restaurant runs through 1,000 pounds a week. Blueberries trucked down from Maine will cost $38 per flat, up from $24 last summer, she said. And a five-gallon jug of maple syrup from Canada recently leaped to $250 from $200, she said.

Whole Foods halts tomato sales amid salmonella scare

Whole Foods Market Inc. has halted sales of fresh Roma and large field-grown round tomatoes at all its stores after the Texas Department of State Health Services warned of a salmonella outbreak linked to eating uncooked tomatoes.

Corn Rises to Record as Rain Threatens U.S. Crop; Soybeans Gain

June 6 (Bloomberg) -- Corn rose to a record for a second day, and soybeans reached a three-month high, as excessive Midwest rains flooded fields, delaying completion of spring planting and increasing the risk of U.S. crop losses.

Oil Rises to Record on Weakening Dollar, Morgan Stanley Outlook

June 6 (Bloomberg) -- Crude oil surged more than $10 a barrel to a record as the dollar weakened after the U.S. unemployment rate grew the most in two decades and Morgan Stanley said prices may reach $150 within a month.

'Green' menu items have potential for success

Environmentally friendly menu offerings have the potential to help boost a restaurant’s bottom line and provide competitive differentiation if marketed aggressively, according to market researcher The NPD Group.

Tuesday, May 27, 2008

Great Culinary Podcasts

Starchefs.com now features culinary podcasts you can download. Great for when your on the train going to work!
Newest podcast features Chicago Chef Takashi Yagihashi as he covers the basics of sharpening Japanese-style knives and the right way to cut tuna and salmon sashimi from both filet and whole fish.

Podcasts can be downloaded here:
http://www.starchefs.com/podcasts/

-ChefCoster

Added Toronto Star Food section to RSS News Feeds section

http://www.chefcosting.com/News/

-ChefCoster

Thursday, May 15, 2008

NEW NEWS FEEDS

Now you can scan the food sections from around the usa.

http://www.chefcosting.com/News/


If there are other newsfeeds you would like to see, please send me a message via the communicator.
Also, please feel free to use the communicator to leave instant feedback about the site.
Thank you,
ChefCoster

Paul Haeberlin, 3-Star Chef, Dies at 84

Paul Haeberlin, whose restaurant, the Auberge de l’Ill, has long been a shrine to classical French cuisine and has served as a training ground for such renowned chefs as Jean-Georges Vongerichten, died Saturday at his home in Illhaeusern, France. He was 84.

Saturday, May 10, 2008

Media Statement: How Spiking Food Prices Impact Restaurants

(Washington, D.C.) The National Restaurant Association's Senior Vice President of Research and Information Services Hudson Riehle today made the following statement about how increasing wholesale food and commodity prices impact restaurants:

World Agricultural Supply and Demand Estimates (WASDE) report

This report presents USDA's initial assessment of U.S. and world
crop supply and demand prospects and U.S. prices for the 2008/09
season.

WHEAT:

The 2008/09 U.S. wheat outlook is for higher
production, lower exports, and increased domestic use.
Total production is projected at 2.4 billion bushels, up 16
percent from 2007/08. The survey-based forecast of winter
wheat production is up 17 percent as area and yield are
higher than last year. Spring wheat production is expected
higher with seeded area up 10 percent in the March 31
Prospective Plantings report. Durum and other spring
wheat production is projected at 614 million bushels, up 12
percent from 2007/08, based on 10-year harvested-to-
planted ratios and trend yields. Total wheat supplies are
projected up only 4 percent because of historically low
carryin.

Total wheat use is projected down 5 percent for 2008/09 as
lower exports more than offset increased domestic use.
Food use is projected at 960 million bushels, up 10 million
from the current year reflecting steady growth in domestic
demand. Feed and residual use is projected at 230 million
bushels, up sharply from the 60 million projected for
2007/08. Larger supplies of soft red winter wheat and
higher corn prices boost wheat feeding. Exports are
projected at 975 million bushels, down 24 percent from
2007/08. Ending stocks for 2008/09 are projected at 483
million bushels, more than double the current year's
projected 239 million. The national average farm price for
2008/09 is projected at $6.60 to $8.10 per bushel,
compared with the current year forecast of a record $6.55
per bushel. Wheat prices will be supported by farmer
forward sales and early season export demand.

Global wheat production for 2008/09 is projected at a record
656 million tons, up 8 percent from 2007/08, and up 5
percent from the previous record in 2004/05. Higher
production is projected for most of the world's major
exporting countries including Australia, Canada, EU-27,
Russia, and Ukraine. Strong world prices and favorable
weather in most of EU-27 and FSU-12 raised production for
2008. Production is also projected higher in Brazil, China,
and India. Partly offsetting are reductions for Argentina and
Kazahkstan. The only significant weather problems for
winter wheat remain in drought-stricken Middle East and
North Africa countries.

World wheat imports, exports, and consumption are
projected higher for 2008/09. Imports are generally
projected higher throughout the world with EU-27 the major
exception. Imports are expected to fall sharply for EU-27 as
wheat production rebounds from weather-reduced crops in
the 2 previous years. EU-27 exports and wheat feeding are
expected to rise sharply. World wheat ending stocks are
projected at 124 million tons, up 13 percent from the current
year's projection.

U.S. Wheat Farmers Not Counting Bushels Yet; Eyes on Weather

“It all depends on June,” said the 67-year-old Shields, who has been farming near Lindsborg, Kansas, more than 40 years.

If hot and dry weather settles into the U.S. Heartland as the newly emerging hard red winter wheat crop moves into the crucial grain filling period of development, kernels will likely shrivel and yield potential could shrink. But if mild conditions continue, the new crop could be a bin buster.

Thursday, May 8, 2008

Momofuku Ko NYC

Here is the link if you want to try!

https://reservations.momofuku.com/


Best of luck. Be strong. Be forewarned.

You can’t fixate on a specific night. You can’t fixate on a specific hour. You must have patience, an efficient computer and nimble, fast-moving fingers, because the way to grab one of the 12 coveted seats is to click-submit a reservation request at precisely 10 a.m. precisely six days before you aspire to dine there and then hope against hope and dream against dream and promise the cyberspace gods your firstborn male child if they speed your electronic wish to Ko before all the other electronic wishes get there.

We're Number 1! North Americans least green in world

The study, conducted for the National Geographic Society, asked people in 14 countries about their lifestyles, including questions on housing, food, and transport, and then gave them a green score on a scale of one to a hundred.

Win 2lbs of morel mushrooms - $113.50 value

Got a magnificent mushroom recipe?

Email response from King Arthur Flour about the types of wheat they use

Thank you for your email. Our Flour Sales Support team has responded as follows:

There are three main wheat boards: Minneapolis (Hard Red Spring Wheat,
which is used in our Bread, Whole Wheat), Kansas (Hard Red Winter Wheat
which is used in our All Purpose Flour) and Chicago (Soft Red Wheat,
which is used for pastry and cake flour). Our White Whole Wheat is
Hard White Spring Wheat, but for pricing purposes our contacts use the
Hard Red Spring Minneapolis Board. The two most influential boards seem
to be Chicago and Kansas, due to volume. Minneapolis is the smallest
board due to the fact that they have the smallest volume of wheat. Many
factors affect price; amount of wheat available, overall money being
poured into commodities (like wheat, corn, soybeans, oil, silver, etc.),
a weak dollar compared to the rest of the world (making our products
less expensive to other countries).

Monday, May 5, 2008

India may impose a ban on trading in food futures

India is reportedly considering a ban on futures trading in food commodities, as the government struggles to curb soaring inflation and the rising cost of food has become a major international concern.

India has already banned futures trading in rice and wheat.

This is the whole reason for this site. Futures trading dictates our food prices which directly affects what we pay in the restaurant. - chefcoster

Saturday, April 26, 2008

Calamari Anyone?

Colossal squid out of the freezer

Environmental Cost of Shipping Groceries Around the World

Cod caught off Norway is shipped to China to be turned into filets, then shipped back to Norway for sale.

Flour Price Drop








Last week we were paying 34.50 (50 lb bag). This week we are down to 23.99.
Nowhere near the 11.88 back in May 07



Futures wheat prices has dropped to 8.55 per bushel from over 12.50 in march

Grease Car

Check out chef Jose from Taranta and his cool ride

http://www.youtube.com/watch?v=O6dqKz0fmdM

Just added TarantaGreen blog to the site. you can scroll through different blogs with the arrow keys.

Jose is one of the leading chefs "going green" at his restaurant.

Wednesday, April 23, 2008

Whats with all the quotes??

Being a chef, we mostly are not concerned about economic cycles and how the economy is. And that is not such a bad thing in some ways because it sucks. With commodity prices hitting new highs and the dollar hitting new lows, it can be frustrating to hear about our current state.
But because of this reason, I have decided that now is the time to be more involved than ever to keep tabs on what our current status is.

Im breaking it down like this:
Do you want your sales reps or purveyors telling you about the economy and why your paying so much for a bag of flower or imported olive oil?

Or would you like to be telling them on what the euro is or what the trends are for wheat prices.
Plus , I think it looks good be able to know factual data when it comes to the products we handle.

This is a piece of the pie that comes with being a creative chef. This knowledge can help you barter for your item prices.

I am not a futures expert and am quite new to it. I hope to mold this website according to the new knowledge that I learn.
Please feel free to email me or send me a message with website ideas, resources and suggestions.

Videos and more spreadsheets to follow soon

Monday, April 14, 2008

Fish Calculator

Here is a a nice tool that we use in our restaurant to calculate how many pounds of fish we need to order to cover ourselves for the day.
Information needed is in the colored columns except for pounds needed which is in red.
Type in the portions needed and price and it will calculate the pounds needed for you.
The key column on the spreadsheet is the yield percentage. These are averaged yields in which we have fabricated tested.
You can add your own items, prices and yields.
F and W indicate whole and fillet.

Spreadsheet is here:

http://spreadsheets.google.com/ccc?key=pOg8VeP2diI7g0VotrlyCJA&hl=en

Google docs are free and can be used by all!
You can save or export into excel or other formats.

Sunday, April 13, 2008

New Website

ChefCosting.com is a new site dedicated to chefs around the world who are interested in learning how to run a more efficient, cost effective kitchen business. The site is run by me, Chef Ross of Lucca and Sasso restaurant. I have over 15 years of experience in the kitchen and 5+ years of executive chef.
This site is for anyone who is thinking about getting into the restaurant business all the way from experienced executive or corporate chefs.
This site will also be an exchange for people to share their templates and expertise as well.
I will also post videos that will demonstrate food cost tips.
Posting times in which i will be available for questions via the meebo communicator will be listed.
I cant write everything about the site in one post so there is so much more to come!
Get your sous chefs on this!
Please spread the word about OUR new website.
Thank you