Prices of local produce

Discussion in 'Community Discussion' started by hawkeye_a, Jun 11, 2019 at 8:56 AM.

  1. hawkeye_a, Jun 11, 2019 at 8:56 AM
    Last edited: Jun 11, 2019 at 9:03 AM

    hawkeye_a macrumors 65816

    hawkeye_a

    Joined:
    Jun 27, 2016
    #1
    A general observation, a bit of a rant and some questions....

    Australia has a significant beef, lamb, sea-food and wine industry. In the mid-2000s I started noticing the prices of these item begin to increase pretty rapidly. Having traveled, I started noticing prices of Australian wines, beef and lamb in foreign countries to be lower than the prices in Australia. I can't understand how that is even possible.

    In the US, local produce(meat & veggies) seems to be extremely cheap, which makes sense to me.

    Does anyone have any theories as to why/how a locally produced item would be cheaper in foreign countries?

    Side Topic: Pontiacs used to be manufactured in Australia, and they used to be exported and sold in the US for cheaper than in Australia!!! (They aren't manufactured in Australia anymore).
     
  2. Mousse macrumors 68000

    Mousse

    Joined:
    Apr 7, 2008
    Location:
    Flea Bottom, King's Landing
    #2
    Not only are they cheaper, they're better quality too. The cheap produce will go bad before they reach foreign markets so they have to ship the best quality produce. The lower quality--more likely to go bad first--stuff gets sold locally. This only applies to produce and other perishable foods.

    The reason they're sold cheaper to foreign market is because there would be too much supply available locally otherwise. Supply/demand and all that. In the foreign market, they're competing against others (China:rolleyes:) with similar products. Again, supply and demand.
     

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