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Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    AndyGuil wrote: »
    UK ones don't have much exposure. It is eastern european, some central and southern farmers that are getting hit hard. A lot of the 5 bn is concentrated to areas and specific products.



    does that change the argument in any way?
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    CLAPTON wrote: »
    does that change the argument in any way?
    The produce will be dumped into the rest of the market which will make prices fall and likely result in a greater loss overall. I'm not for subsidies but I can see there being a big knock on effect in the market causing oversupply one year and then under supply the next. It would certainly lead to at least two years of poor revenue for farmers.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    AndyGuil wrote: »
    The produce will be dumped into the rest of the market which will make prices fall and likely result in a greater loss overall. I'm not for subsidies but I can see there being a big knock on effect in the market causing oversupply one year and then under supply the next. It would certainly lead to at least two years of poor revenue for farmers.



    under production leads to riches for farmers as the price rockets.


    clearly you are all for subsidies on a grand and continuing scale.


    In farming years of over supply and under supply are 100% predictable events and need to be planned for (you can even read about it in the bible)


    so nothing new here, nothing unexpected.
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    Why is farming considered such a special case when other industries are expected to just survive in a free market?
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    CLAPTON wrote: »
    under production leads to riches for farmers as the price rockets.


    clearly you are all for subsidies on a grand and continuing scale.


    In farming years of over supply and under supply are 100% predictable events and need to be planned for (you can even read about it in the bible)


    so nothing new here, nothing unexpected.
    Instability in supply isn't going to be wanted by farmers or the public. Higher prices do result in more profit per item, but not if you are selling less of them.
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Bantex wrote: »
    Why is farming considered such a special case when other industries are expected to just survive in a free market?
    Most industries are heavily subsidised already.
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    AndyGuil wrote: »
    Most industries are heavily subsidised already.

    In what way?
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Bantex wrote: »
    In what way?
    Government subsidies. The music industry is subsidised, as is the aircraft manufacturing, car, rail, house building etc...
  • BillJones
    BillJones Posts: 2,187 Forumite
    Bantex wrote: »
    Why is farming considered such a special case when other industries are expected to just survive in a free market?

    Because of the danger to the nation if we end up outsourcing it, lose the land and the expertise, and then have a war through which we need to feed ourselves.
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    BillJones wrote: »
    Because of the danger to the nation if we end up outsourcing it, lose the land and the expertise, and then have a war through which we need to feed ourselves.
    Why should be we subsidising other parts of Europe if that is the case?
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