Farmers are receiving less of what consumers spend on food, as modern food systems increasingly direct costs toward value-added components like processing, transport, and marketing. A new study by the Potsdam Institute for Climate Impact Research PIK shows that this effect shapes how food prices respond to agricultural climate policies: While value-added components buffer consumer price ... ⌘ Read more
Farmers are receiving less of what consumers spend on food, as modern food systems increasingly direct costs toward value-added components like processing, transport, and marketing. A new study by the Potsdam Institute for Climate Impact Research PIK shows that this effect shapes how food prices respond to agricultural climate policies: While value-added components buffer consumer price ... ⌘ Read more