Food Prices
This is a bitter topic. What makes the Price Increase? Production Food comes in the form of vegetables, fruits and starch like rice, maize or herbs It starts from the farm. The Farmer has to make sure his/her product grow and that is got a financial implications which includes labour, transport and months of endurance.The Farmer has to accommodate the bad days or even years. The Farm Accounts should accommodate: ●Short Insurance ●Long Term Insurance Coming Production Costs like -Fuel -Maintenance Transport -Transportation All the mentioned factors require planning,money will be needed.It is Important to raise capital through savings We know that every expenditure is past to a consumer.What influences the price increase to a Consumer. 1.Fuel increase 2.Transport increase 3.Labour increase 4.Seeds,Animals 5.Insurance increase