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RE: Food: Dropping As A Share Of Disposable Income

in LeoFinance4 years ago

I also think it's a supply chain issue. I remember all those videos about how crops, eggs, meat and even milk were all destroyed since the farmers couldn't get them out. I have noticed that more and more of the produce is being made by larger farms (or corporate farms) and the smaller farmers are probably losing out. Then again the previous point I made is probably more of a guess after seeing what happened with the meat production plants.

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I think it is beyond dispute that smaller farms are being squeezed out. This is sad but it was a trend set a number of years ago. Certainly there could be some issues as larger Ag corporations achieve the same status as Big Pharma.

And yes I do recall those videos. Fields of crops plowed over because the picking couldnt take place. Another factor is crop rotation was messed up, something that has an impact for a couple years.

Fortunately, there is a lot of tech going in this realm which means we are going to see massive advancements. The biggest challenge is to increase production where it is consumed. That will help a lot of the price along with starvation issues.

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