4 ms·
Is food truly considered a low-value product today? In my country, it's one of the most marked-up items, second only to printer ink. For instance, farmers recei
by Grimblewald 3y ago
Is food truly considered a low-value product today? In my country, it's one of the most marked-up items, second only to printer ink. For instance, farmers receive $2-3 per ton of potatoes, yet these are retailed for $3-10 per kg, over triple what they were just 3 years ago. Despite the general tripling of food costs (just for basics, processed things have increased even more heavily), the earnings of farmers and others in the supply chain, except for supermarket executives and shareholders, remain unchanged. This price inflation, driven by greed, results in significant profits for those who can bypass the system. For example, if one could acquire a ton of potatoes and sell them at farmers markets for $2/kg, undercutting supermarkets, they could make a substantial profit quickly. However, buying directly from farmers is not an option as they are typically bound by strict contracts with major grocery store chains, this leaves theft which has the added enticement of yielding even higher margins than doing things properly.
Now, a truckload of luxury goods like avocado as given as an example of cargo stolen in the article? I imagine you'd be set for a year of a single heist with less risk than robbing banks and less exploitation than 'honest' work.