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Why are farmers suffering from low incomes in both more and less developed countries?

1 Answer

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With the increase in the ability to gain a greater yield per acre, there has become a larger amount of crops available, driving down prices. In addition, prices fluctuate due to seasonal factors and weather phenomena. Also, the competition with large factory farms has driven down prices due to the larger farms' ability to easily produce more product for a lower cost.
User Dmitry Baranovskiy
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