Prices for nearly every major U.S. crop are below what it costs to grow them. But a drop in rice prices means another blow to farmers in Mississippi’s agricultural belt.
Prices for nearly every major U.S. crop are below what it costs to grow them. But a drop in rice prices means another blow to farmers in Mississippi’s agricultural belt.
I remember watching an egg farmer live stream and she said that they have only increased their prices 10-15% when the shelves were at a nearly 100% increase.
The bird flu was an excuse to raise prices by the few remaining agribusiness conglomerates. I presume there are three or so left controlling the market as it is with beef and chicken and pork individually.
The farmers and producers are getting squeezed, if anything they are making less in real value. Big money without any constraints destroys the free market, and itself. Our lawmakers increasingly actually believe the ad hoc free market arguments about letting the market sort everything too, a recipe for future economic crashes.