OPINION OF THE DAY
"What is needed to complete the domestic supply chain? Amalgamation, classification, and standardization. Transport and logistics cost, for instance, could be lowered if large-enough areas specialized in the same crop. Technology and agricultural extension could improve quality standards to the point where output could be bought in high-price markets. Well-defined market standards for such things as size, color, moisture content — with corresponding price differences — would provide farmers with definite ideas for which market niches to produce. Consolidated buying and selling would reduce transaction costs and provide access to larger markets."
EMMANUEL DE DIOS
Working for peanuts
(June 16, 2015)
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