Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

This is why the whole bureaucratic nightmare that is the EU Common Agricultural Policy exists: your profits as a farmer are dependent on a number of random factors including how many other people are doing well in your industry.

It's very easy for an agricultural industry to go through cycles of overproduction which drive people into bankruptcy (and sometimes suicide), then shortage resulting in high prices.

Having poor transport links (often the case in rural Africa) makes the problem worse, as this instability plays out in each little isolated market.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: