The price of lamb has soared by 200% since the 90s – now the drought is sending it even higher | Greg Jericho
Written by Greg Jericho
The lack of rain cannot be hidden from our supermarket shelves
One of the sharpest aspects of droughts is that the impacts are pretty immediate.
In an industry where seasons mean everything, the lack of rain is not something that can be hidden. Yes farmers can eat into their savings or go into more debt, but they can’t reduce their inventories in the same way other businesses can.
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Greg Jericho writes on economics for Guardian Australia
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