
08/25/2024
Friends, for only the second time, I'm going to make a political statement on this page. I've been hearing a lot about a plan to stop "price gouging" on food and groceries. I'm going to list a few facts of which I have personal knowledge. You can decide for yourselves if increased prices on food are because of "price gouging."
In 2020, I paid $4.50 per bale for straw for garden mulch. This year, it was $5.50.
In 2020, I paid $120 per 50 # bag of fish meal for fertilizer. This year, it was $200--for a 40 # bag.
In 2020, I paid $12.50 per yard for mushroom compost. This year, it was $20 per yard.
In 2020, plastic flat trays for plant starts were 80 cents. This year, they were $1.20.
In 2020, gasoline to get my products to the farmers market, to run our tractor, mowers, and equipment, was $1.85 per gallon. This year, it's $2.85.
I've tried to keep prices stable, because I know my customers, and I like most of them. I'm not trying to get rich off my farm. Heck, I'm not even trying to make a living entirely off my farm. But I've raised my prices, or decreased the amount sold for the same price--just like my vendors, and their vendors have.
Price controls are a SUPREMELY STUPID idea. If someone tells me I can't sell my product for what it costs to produce it, plus enough extra to pay me reasonably for the time I put into it, guess what I'll have to do? STOP PRODUCING IT. This isn't unique to me. I don't know anyone who keeps going to work every day if they don't get paid. I don't know anyone who keeps running a business just to lose money.
This is such an elementary idea, and price controls have caused shortages and rationing so many times--every time it's been tried, in fact-- that I feel 100% confident in saying this:
Anyone who proposes government price controls of necessary products is TRYING to deprive the public of those products. In the case of food, that's kind of a big problem.
Govern yourselves accordingly.