4 ms·
I assume you're getting at the major corporate farms exerting a downward pressure on prices, which is thus lowering the profit per acre?
by RajT88 4y ago
I assume you're getting at the major corporate farms exerting a downward pressure on prices, which is thus lowering the profit per acre?
- comfypotato 4y agoThe biggest factor is technology. The same capital can produce more food. I think that’s what you’re talking about but not really sure. It’s a good thing for everyone but the farmers. The cost of food is one of the few things that has significantly gone down relative to minimum wage in the US. Supply has gone up more than demand. Profit margins have gone down.
- antisthenes 4y agoNo need to reinvent the wheel: https://en.wikipedia.org/wiki/Economies_of_scale https://en.wikipedia.org/wiki/Economies_of_scale