View Single Post
  #179   Report Post  
Old 26-04-2003, 12:28 PM
Tim Lamb
 
Posts: n/a
Default UK farm profitability to jun 2002

In article , Torsten Brinch
writes
?! You were commenting (quote below) the perceived problem, that
farmers are falling behind in income, leading to the aim of the common
agriculture policy, CAP, to attempt to bring farmers up to some form
of income parity with the rest of society. You commented that this
problem cannot be resolved by CAP because -- because --- because
what??

****
The practical policy has been dominated by attempts to increase farmer
income, implicitly aiming at bringing it -- from a falling behind
position -- to parity with other income groups of society.


This is not resolvable. Farmers choose to farm and go to extreme lengths
to stay in business. Most other professions are rewarded by the
supply/demand system.


I don't know what income a farmer should expect so I don't know with
which group parity is intended. However, as there surpluses of our
products and there is little likelihood of farmers leaving the industry
from choice, bulk commodity purchasers are under no pressure to raise
prices. As the alternative is further transfers from taxpayers via the
exchequer I see no prospect of the *parity* objective being achieved.

regards
****


--
Tim Lamb