WHO EARNS MOST IN THE FOOD BUSINESS

I was able to access a major study by Agrifood Research Finland (MTT) and Pellervo Research Institute (PTT) on the food industry. 80% of the food sold in Finland is by food chains leading to a "retailer hegemony".

One major conclusion: "On average agricultural producers received only 10% of the price of foodstuffs in 2009, down from 14% in 2000." The wheat producer got only 4% of the price of bread. The egg producer got 30%, the maximum. "For each kilo of rye bread purchased last year, the consumer paid 3.52 Euros, 1.24 went to the seller, while the grower of the rye received only 14 cents. 1.74 went to the milling company and logistics, and the rest went to the government as taxes."

This is what will come to be in India once Amazon, Reliance, Tata’s realise their plans for expansion into retail. The farm producers now get a far better deal from the traditional agro procurement and wholesale distribution, and mom and pop retail end. It is still iniquitous but the alleged cure will make the sickness worse.

Monopsony (one or few bulk buyers, opposite of monopoly) is an incurable cancer. Better stop smoking the Walmart weed now!

Comments

Helen Mirren once said: Before you argue with someone, ask yourself.......

Helen Mirren once said: Before you argue with someone, ask yourself, is that person even mentally mature enough to grasp the concept of a different perspective. Because if not, there's absolutely no point. Not every argument is worth your energy. Sometimes, no matter how clearly you express yourself, the other person isn’t listening to understand—they’re listening to react. They’re stuck in their own perspective, unwilling to consider another viewpoint, and engaging with them only drains you. There’s a difference between a healthy discussion and a pointless debate. A conversation with someone who is open-minded, who values growth and understanding, can be enlightening—even if you don’t agree. But trying to reason with someone who refuses to see beyond their own beliefs? That’s like talking to a wall. No matter how much logic or truth you present, they will twist, deflect, or dismiss your words, not because you’re wrong, but because they’re unwilling to see another side. Maturity is...

EXPLAINING THE PREAMBLE OF THE INDIAN CONSTITUTION

Thanks Hari Singh Shekhawat for EXPLAINING THE PREAMBLE OF THE INDIAN CONSTITUTION: Given the detailed nature of the Constitution of India, the Preamble serves a vital role in capturing the essence of the Constitution. Let’s revisit its core values on the 76th Republic Day. As India prepares to celebrate its 76th Republic Day under the theme “Swarnim Bharat: Virasat aur Vikas” (Golden India: Legacy and Progress), the day also marks a historic moment to reflect on the core values of the Indian Constitution, which came into effect on January 26, 1950. On this day, let’s reflect on the core values enshrined in the Preamble — Sovereign, Socialist, Secular, Democratic, and Republic — which constitute the foundation of India’s democratic framework, promoting justice, liberty, equality, and fraternity among all its citizens. The Preamble’s invocation of “We, the people of India” The preamble begins with the famous and stirring words, “We, the people of India”. This invocation of t...

Why BJP is opposing the Telangana caste census?

The BJP opposes the Telangana caste census primarily due to concerns about its political motivations, alleging that the Congress party is using it for electoral gain rather than genuine welfare of Backward Classes (BCs) 1 3 . BJP leaders argue that the census distracts from Congress's unfulfilled promises to BCs and could exacerbate social divisions 2 4 . Additionally, there are fears within the BJP that a detailed caste enumeration might reveal ongoing upper-caste dominance in politics and society, which could challenge their support base 7 8 . The BJP's main arguments against the caste census include: Political Manipulation : BJP leaders assert that the Congress party is using the caste census for political advantage rather than for the welfare of Backward Classes (BCs), claiming it distracts from unfulfilled promises made to these communities 2 4 . Threat to Hindutva Agenda : The party views the census as a potential challenge to its support base a...

Notes of Nagesh

Search This Blog