Comment by yongjik
I know it's fashionable to blame capitalism on everything, but dealing with excess produce is legitimately a hard problem because they have a shelf life and someone has to harvest them and move them to where consumers are.
I know it's fashionable to blame capitalism on everything, but dealing with excess produce is legitimately a hard problem because they have a shelf life and someone has to harvest them and move them to where consumers are.
With advanced preservation techniques, we can extend the shelf life of food almost indefinitely. This flexibility extends to the farm level as well: farmers have the agility to pivot production annually, switching from low-demand crops like potatoes to more profitable alternatives as the market dictates.
Not to mention it's factored into future prices. Futures for the same commodity, but for delivery on different dates can vary wildly in price. The most notable examples are oil and electricity prices going negative occasionally.