In the News
EU vows to stem drastic loss of small farms

29th May 2021
The Guardian highlights here that the number of farms in Europe has seen a significant decline amid the growth of so-called factory farms.
The underlying economics of this is straightforward: larger farms accrue greater economies of scale. However, the concern is that they are also more likely to damage the environment and lower food standards. As a result, the European Union is altering its subsidy programme to try and halt this trend.
The flip side though, is that large farms are also likely to lower food prices, and better reflect consumer demand. If small scale farmers producing organic produce is what consumers want, then you'd expect them to pay for it.
You might also like

China's inefficient farming industry
24th May 2015

Economics of Falling Milk Prices
11th August 2015

Which crops are most profitable?
23rd November 2015

Cheap imports force UK pig farmers out of business
17th January 2016

How the sausage illustrates the issues surrounding UK's membership of the EU
24th February 2016

EU Non Tariff Barriers limiting development in Ghana
10th March 2016

The Green Revolution and Long Term Economic Growth
29th August 2016
US farmers go natural for profits
19th September 2016