Labeling for Increased Profits, Farmer and Economist, Michael Smith It is a well-known marketing ploy to label, relabel, and even mislabel a product again and again to increase sales. We think of the almighty Coke and the multiple iterations that they have had just on their cans. We’ve also seen consumer products like paper towels that have additives that make a mess disappear much faster, diapers that hold, ahem, waste better, and other...
Read More »Economist-Farmer Michael Smith gives us a view of how serious the drought conditions are and the impact on the nations agriculture. Post after post of hydraulic shovels pulling orchards up in California, news of the large almond producers having to cull hundreds of acres at a time to divert water and resources to other parts of their farms. We saw the Midwest run hot and dry all summer and when harvest season arrived, monsoon rains made harvest...
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This particular post is coming out of Angry Bear’s comment section. Mike Smith is the author. Mike grows various food items on his farm and has a hands-on knowledge of what is occurring in the beef industry today. What Mike is touching upon today is the small farmer industry and how the farmers are being squeezed out in bringing beef to market. The wholesalers and larger food chains such as Walmart can manipulate pricing to benefit themselves at...
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Heterodox
