this post was submitted on 04 Feb 2025
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About 18 months ago, there was a big uproar from sheep farmers that the price they were getting for lamb was a fraction of what Coles were selling it for. At that time Coles reduced the price of a leg of lamb to $8 a kilo and this has slowly crept back up to $15 a kilo as of last week. At the end of the day, Coles could have left the price as is and paid the farmers more, but nope, they did a short term price reduction which didn’t help them one bit..
Gonna be honest, I have very little sympathy for our farmers. Back when Coles & Woolies raised the price of milk by 30c/L and said it was to help pay farmers after the drought, I was saying that I would be willing to pay more specifically if it gave farmers less. They've continually shot themselves, and by extension the entire country, in the foot by voting against action on climate change. Fuck 'em.
Reduced the price to the consumer, never even thought about increasing the price to the producer