ronan posted:Reeper posted:I would not be shouting from the roof tops about bumper crop since $3000 a bag is a far cry form $4500 a bag in 2015 before apnu took over.
from previous crops to $3000 per bag of paddy.”With a bumper first crop,
if they are making a profit @ $3000/bag then they have brought costs down and/or are increasing yields . . . meaning that the industry is competitive
that's far better than sitting on your inefficient ass, saddled with an unsustainable production set up and wishing for $4500/bag
that's Jagdeo sugar economics . . . look where it got we
Whether they make a profit is still unknown, I supposed you can make the argument they would not invest if they didn't make a profit. Time will tell whether they will continue to plant at these prices.