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But nobody pays for an animal at the farm gate.The farmer has many inputs that don't change with the price he gets for his cattle as well, actually all the inputs increase very significantly.Large food retailers are clearly a monopoly in Australia, I am the last one to call for price controls but monopolies do not follow free market principles so if ever there is an argument for price controls this would be it.
But nobody pays for an animal at the farm gate.
The farmer has many inputs that don't change with the price he gets for his cattle as well, actually all the inputs increase very significantly.
Large food retailers are clearly a monopoly in Australia, I am the last one to call for price controls but monopolies do not follow free market principles so if ever there is an argument for price controls this would be it.
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