Post
Topic
Board Economics
Re: I wonder if food prices in your country have also increased?
by
BRINIRHA
on 19/09/2023, 02:28:45 UTC
It seems that the causes of price increases in your country are the same as the causes of price increases in my country. Well, in my country the drought has also temporarily stopped farmers from farming. And this summer is a little longer than usual. So the prices of vegetables and other things here have increased very high, exceeding the increases in previous years. But I'm quite happy right now. Because a few days ago there was a little rain that came to my area. Which suggests summer may be coming to an end. I hope that in your country everything will return to normal. And hopefully the extreme weather will end soon. And the agricultural sector has returned to operating as it should.
That's pretty good news about the rain that is starting to fall in the area or region around you. Because this will at least reduce residents' concerns regarding the long dry season which could cause food stocks to become increasingly low and cause speculation that prices will continue to soar quickly. With the rain, this speculation will stop. And it is hoped that food prices will not experience such a big spike. But you also need to know that from the time it rains until the harvest arrives it takes about 4 months if it is a rice plant. Well, usually 2 months before the harvest period the prices will still be high. Because at that time food stocks may have run out quite seriously. And prices will probably be higher. But a significant price drop will occur when the harvest season arrives. Because large-scale harvests will occur simultaneously. And makes rice stocks on the market pile up.