3rd February 2025
“Farmers are the backbone of our agricultural industry, working tirelessly to bring food to our tables. However, the practice of price manipulation in agricultural markets has severe consequences for these hardworking individuals. One of the most significant impacts on farmers is the financial struggles they face, coupled with a sense of uncertainty about their future.” (1)
Food waste can also be linked with capital waste. Farming requires capital inputs – seed, fertilisers, equipment – for which the return can be unpredictable. Crops may fail due to adverse weather or pests. Prices may fall because of changes in demand or because of the manipulation of the markets by investors such as hedge funds.
Recently there seemed to be a surge in demand for British grown fruit – apples, cherries etc. demand peaked and with inflation consumers (and supermarkets) opted for cheaper imports. What do farmers do who have invested in planting orchards? It can be years before the capital is repaid: should they grub up the new trees and cut their losses?
Do we need more control over prices – limiting the role of investors who are simply playing the market, using subsides to guarantee prices for British grown produce?
The Green Tau 