this post was submitted on 24 Sep 2024
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[–] BlackLaZoR@fedia.io 1 points 2 months ago (1 children)

It's crazy when you think about the whole supply chain: preparing the soil, ploughing, applying fertilisers, applying pesticides, harvesting, processing, transporting

It's also crazy how efficient modern agriculture must be to do all these things and get affordable products in the end

[–] frightful_hobgoblin@lemmy.ml 1 points 2 months ago (1 children)

efficiency ≠ price

you've glossed over a lot of economics. Like, for one thing, the EU gives about €55 billion in agricultural subsidies a year.

[–] BlackLaZoR@fedia.io 0 points 2 months ago (1 children)

Cost of production puts a lower bound on the price. In case of competitive industries, price floats just above that limit

[–] frightful_hobgoblin@lemmy.ml 2 points 1 month ago

Right. And food is sold at below that lower bound, which is one reason it is affordable.