Fact:3rdWorlders spend hier%of income on food&most developed nations have lower
Replying to: Re: Do u believe egypt richer than Japan/capita in2030? -- sinbad Post ReplyForum


InTheNameOfJesus

01/28/2020, 09:12:11




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bulk food production costs(developed japan&developing brazil are probable exceptions)

https://www.reuters.com/article/india-farmers-prices/india-raises-wheat-buying-price-by-6-pct-ahead-of-2019-elections-idUSD8N1PZ01A

"The revised purchase price of 1,840 rupees ($25.09) per 100 kg(of wheat) for 2019"

India govt pays farmers $251/ton of wheat.The chart  below is US wheat commodity market price(which is > than price paid to US farmers)

https://www.indexmundi.com/commodities/?commodity=wheat






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