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Analysis posted Jun 27 2012, 11:53 PM Category: Economy Source: InformationLiberation Print

U.S. tomato farmers say cheap tomatoes from Mexico undermining America

Chris | InformationLiberation

If Americans don't pay inflated prices for tomatoes, the terrorists have won.

Via Reuters:
U.S. tomato growers on Monday said they have formally asked the U.S. Commerce Department to tear up a pricing agreement with Mexican producers that they say has become "a charade."

Reggie Brown, executive vice president of the Florida Tomato Exchange, told Reuters U.S. producers want the pact voided so they can file a new anti-dumping complaint against Mexico.

The rare request comes in a dispute that dates back to 1996, when U.S. industry filed a petition accusing Mexican producers of selling in the United States at unfairly low prices.

Brown said the Commerce Department found that Mexican producers were dumping their tomatoes in the United States at nearly 188.5 percent below fair market value.

[...] "It's time to end the charade and restore fair prices that reflect market reality", he said.
The "market reality" is that Mexican farmers are producing cheaper tomatoes than the U.S. U.S. consumers clearly prefer their tomatoes as demand for them has skyrocketed. Now, rather than compete on the market, the U.S. farmers want the U.S. government to meddle in the markets (even more than they already are) and force Mexican farmers to raise their prices, screwing American consumers in the process.

This type of protectionism is not unique, Americans are paying inflated prices across the board due to government interventions just like this, industry after industry, from the RIAA/MPAA and their copyright monopolies, to U.S. farmers getting paid not to produce food, Americans are getting reamed by a crony fascist government that masquerades as our "protector."
Chris runs the website, you can read more of his writings here. Follow infolib on twitter here.

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Comments Add Comment Page 1 of 1

Posted: Jun 29 2012, 1:35 PM

70178 our farmers sure are dumb... do they not realize how many times, over and over, worldwide their products have been sold far cheaper than local produce, causing collapses in those local agricultural industries?

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