2 ms·
From the perspective of a farm /plant owner with a commodity product who is trying to compete internationally that's kind of a 'let them eat cake' solution thou
by drited 5y ago
From the perspective of a farm /plant owner with a commodity product who is trying to compete internationally that's kind of a 'let them eat cake' solution though isn't it (not robotics - a wage hike)? Margins can't be much above the minimum to earn an OK-ish return on capital in such an industry. If that move makes them unprofitable then it's not a viable solution.