3 ms·
>Yes, but how much does this impact the total retail cost of the food we eat? Would it be a difference of 2%, or a difference of 200%? As with everything else
by throwaway0a5e 5y ago
>Yes, but how much does this impact the total retail cost of the food we eat? Would it be a difference of 2%, or a difference of 200%?
As with everything else in the food supply the difference will be felt at the bottom first.
Whole Foods stuff has plenty of margin (obviously "plenty" is relative, this is a thin margin industry) to absorb a small increase. Those bottom dollar Walmart tomatoes that have to get here from Argentina and need to be sold for bottom dollar? Yeah there's no space in the margin, those have to go up in price proportional to inputs.