4 ms·
I'm just not sure what the problem is. Outdated modes of production can't keep up with the lower prices for a fungible material. What's new?
by squirrelicus 8y ago
I'm just not sure what the problem is. Outdated modes of production can't keep up with the lower prices for a fungible material. What's new?
- ggm 8y agoPrice economics are really bad at modelling strategic. America (and Australia) don't want lowest price food. They want secure food, produced from domestic and international sources. If you want domestic food production you have to be prepared to force it, because on price alone, the foreign sources will always win. If its not mexico, its canada or vietnam. China is buying New Zealand and Australian Dairy because of the systematic rorting of their supply by industry using Urea to boost apparent protein levels. Now tell me again, how you want a US milk industry to compete with that? Uh-oh.. here comes protectionist regulatory checks on product...