this post was submitted on 02 Sep 2024
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Romania's Ministry of Agriculture is working on an emergency decree to limit the markup on Romanian food products to 20%.

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[–] Duamerthrax@lemmy.world 1 points 2 months ago (1 children)

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.

[–] subignition@fedia.io 1 points 2 months ago

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.