A commodity swap involving say aviation jet fuel would have one party agreeing to make a series of fixed payments based on a notional amount specified in gallons multiplied by a fixed price per gallon, while the counterparty would
Foodstuffs, officially Foodstuffs (NZ) Ltd is a group of two New Zealand grocery and liquor retailers' cooperatives based in the North Island and the South Island which collectively control an estimated 52% of the New Zealand grocery market.he household name Four Square emerged in the 1920s out of the Foodstuffs grocery buying co-operative. Foodstuffsâ founder, Mr J Heaton Barker, became concerned at the activities of the grocery chain stores of the day that were making life very difficult for independent grocers in Auckland.
So-called food-grade stuff is meant to be consumed by humans. It's important that every single compound of a foodstuff is food-grade or at least GRAS. In the European Union the law giver has defined the state when a compound is good for consumption as save.