The Business of Agriculture: If Consumers Demand Local Meat, More Local Producers Will Supply It
At a farmers market last summer, I overheard a woman standing in line to buy some chicken say to her companion, “Wow, this is expensive. If we had more competition around here, we’d get better prices.” I almost blurted out that I thought she had it exactly backward, that it’s not the lack of farmers that is keeping prices high but rather it’s the lack of high prices that’s keeping farmers away. The problem, in other words, isn’t on...
The Business of Agriculture: If Consumers Demand Local Meat, More Local Producers Will Supply It
At a farmers market last summer, I overheard a woman standing in line to buy some chicken say to her companion, “Wow, this is expensive. If we had more competition around here, we’d get better prices.” I almost blurted out that I thought she had it exactly backward, that it’s not the lack of farmers that is keeping prices high but rather it’s the lack of high prices that’s keeping farmers away. The problem, in other words, isn’t on...