Journal of Corporation Law, April 1st, 2003
I. INTRODUCTION
The Krafts1 have farmed for generations in the black soil of America's heartland. Matthew Kraft and his father and grandfather before him have grown organic corn on their 300-acre family farm in LaPorte City, Iowa. Farming has been their livelihood, producing a respectable income allowing them to live a modest lifestyle. During the last decade, the Krafts received premium prices for their "organically certified" corn.2
Organic foods have become increasingly popular among consumers who prefer natural ingredients and are concerned about the "impurity" of genetically modified cr...
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