April 13, 2015
NO ONE HAS PRICING POWER:
Why Food Prices Are Drought-Resistant (TIM YORK And DANIEL A. SUMNER, April 12, 2015 , WSJ)
So what does this mean for consumers? Even if water remains short over the next decade, an adequate supply of fresh fruits and vegetables should not be a concern. In a global market, produce suppliers from the U.S., Mexico, Chile and beyond compete to keep prices low.
Posted by Orrin Judd at April 13, 2015 7:59 AM
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