True@lemy.lol to World News@lemmy.worldEnglish · edit-24 months agoRomanian government plans to cap markup on local foods.www.euractiv.comexternal-linkmessage-square6fedilinkarrow-up197arrow-down10file-text
arrow-up197arrow-down1external-linkRomanian government plans to cap markup on local foods.www.euractiv.comTrue@lemy.lol to World News@lemmy.worldEnglish · edit-24 months agomessage-square6fedilinkfile-text
Romania’s Ministry of Agriculture is working on an emergency decree to limit the markup on Romanian food products to 20%.
minus-squareDuamerthrax@lemmy.worldlinkfedilinkEnglisharrow-up1·4 months agoYeah, is this cap going to extend to the input costs the farm has to deal with? This is just pushing the problem down the road.
minus-squaresubignition@fedia.iolinkfedilinkarrow-up1·4 months agoEliminating bullshit on the costs side of the equation is also important work that should be done. It’s worth noting that profit margins for farmers are a LOT thinner on average than the limits I spitballed above. You can’t quite get from raw prices to profit margins directly, but the further away you get from the farmers, the more bullshit there seems to be.
Yeah, is this cap going to extend to the input costs the farm has to deal with? This is just pushing the problem down the road.
Eliminating bullshit on the costs side of the equation is also important work that should be done.
It’s worth noting that profit margins for farmers are a LOT thinner on average than the limits I spitballed above. You can’t quite get from raw prices to profit margins directly, but the further away you get from the farmers, the more bullshit there seems to be.