Explain how an in the price of Organic Onions can affect the supply of Organic tomatoes that use the same land to grow. How will this affect the equilibrium price and quantity of Organic tomatoes?
Answers
Explanation:
One key factor in any onion story is Mother Nature, and as for the current season and Peri & Sons’ program, Mindy said, “Our organic onion program in California has had its challenges due to the lack of available organic farmland and drought conditions.” She went on to say, “We are fully committed to our California organic program, and we think that we’ll have a better ‘in-stock’ position throughout the 2019 season, which runs through August. Our plan is to close the supply gap between our California and Nevada seasons, and we look on track to do that.”
In conclusion, an important upshot of the continued growth of organics is funding from the U.S. government for organic producers, both for research and for transition of farmland from conventional to organic production. The link to research funding is https://nifa.usda.gov/funding-opportunity/organic-agriculture-research-and-extension-initiative, and for more information on transition, click on https://www.nifa.usda.gov/funding-opportunity/organic-transitions-org. Application deadlines are coming up quickly in May.
ORGANIC