|
If it does cause a 20% rise in produce prices that could be a boon for local farmers. I live in a town that is surrounded by farmland. About 5-6 months out of the year we have a couple of produce stands and a every Saturday there is a farmer's market. You can get the best stuff there and it is all grown locally. It is about 20% more than the grocery store, but I will happily pay an extra $15-$30 per month to get something that tastes better and I know when I hand my money to them it is going right back into their farm and to feed their family and not to make a hedge fund manager rich.
The problem will be in the winter when they can't grow and everything is imported. Then I will be paying more and still getting the same quality of stuff. However, during those other 6 months the local farmers might find more people coming to them if the prices are now the same, but they have a better product.
|