3 ms·
Given that most farms globally have profit margins below 10%, a 10-15% subsidy is what I'd consider "massive". Definitely enough to influence growing decisions.
by OtherShrezzing 1y ago
Given that most farms globally have profit margins below 10%, a 10-15% subsidy is what I'd consider "massive". Definitely enough to influence growing decisions.
If your farm is the recipient of a 15% subsidy, and your margin is only 10%, then the subsidy disappearing means you cannot continue producing the same stock going forward, as you'll be making a 5% loss.
- stinkbeetle 1y agoStill, getting rid of them would not move major calorie consumption from meat to vegetable. The context here is price of food for consumer, not farmer's margins. Removing farm subsidies would cause one component of consumer food costs to rise a small amount.