- cross-posted to:
- europe@feddit.org
- cross-posted to:
- europe@feddit.org
Romania’s Ministry of Agriculture is working on an emergency decree to limit the markup on Romanian food products to 20%.
Romania’s Ministry of Agriculture is working on an emergency decree to limit the markup on Romanian food products to 20%.
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.