Monday, April 27, 2009

Farmers Need Help to Make a Profit

In Uganda, farmers are not asking for bailouts; most don't even know what the G-20 summit is. The only thing they ask for is a fair chance in the global market. For many, the issue is a lack of demand, which results in the farmers being pressured to sell their crops quickly for a low price to middle men who then re-sell it for a big profit. An easy solution would be to give these farmers secure storage areas where they could keep their crops, and find buyers who would pay more reasonable prices. As global financial institutions focus on bailing out huge companies, they need to step back and pay attention to the needs of the individuals in the agricultural sector.
Source: The Christian Science Monitor