[OPE-L] Food prices

From: Jurriaan Bendien (adsl675281@TISCALI.NL)
Date: Thu Dec 13 2007 - 10:02:54 EST


Jerry, 

As far as I know, variations in labour productivity (output per working hour) have only a very small effect on fluctuations in agricultural prices in the world market. If a larger output means that prices will fall, agribusiness is not motivated to promote more output. A Canadian report notes that, paradoxically, in 2004 "agribusiness posted record profits while farmers shouldered near-record losses". http://melbourne.indymedia.org/news/2006/04/110324.php 

Jurriaan


This archive was generated by hypermail 2.1.5 : Mon Dec 31 2007 - 00:00:04 EST