I don't actually believe this but it definitely seems possible that the markets clear at prices that would be noticeably bad for the consumer.
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I don't actually believe this but it definitely seems possible that the markets clear at prices that would be noticeably bad for the consumer.
Technically noticeable, but barely! Very interesting if true.
If I had to guess there's probably better ways to make farm work attractive, too, besides that – the article says that the average wage is $28/hour right now. For instance, normalizing shorter workdays (two shifts) or work weeks and paying more might generate a lot more interest and keep costs lower than simply quadrupling wages. But I'm spitballing (and not terribly familiar with what's normal in big ag right now anyway).
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