Dairy Global

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Russian boycott has its price

A wise man told me once that a really effective boycott will not only hurt the third party, it will hurt yourself as well. That is exactly what is happening at the moment.

Europe, the US and some other nations froze Russian bank accounts and said not to export certain essential knowledge and hardware for the oil industry. In return the Russians denied fresh produce and dairy to be exported to them. As we all know, that comes at a price. The disturbed supply and demand balance of fruit and vegetables, meat and dairy put a strong downward pressure on the prices.

In Russia the embargo is hurting almost all, companies and financial institutions are hit and the man on the street has limited options while shopping for day to day food, or has to pay more. How different is the situation in 'The West'. Here the boycott is hurting just a few, most of them farmers and vegetable producers. The question is; is this fair?

A boycott is in essence a politically motivated pressure tool, meant to 'hurt' everyone. But it's the farmers that are hurt the most and that is not fair. It's our democracy, our society that is responsible for the boycott and its fall out. Therefore it is more than reasonable that society as a whole takes it responsibility. Supporting them, getting funds flowing in their direction to dampen the effects of the boycott is in its place. All farmers want to be competitive on a free and unrestricted global market, but when it is the politicians/the society that restrict business, it falls on their shoulders to alleviate some of the farmers pain. That is the price of a boycott.

Fabian Brockotter

2 comments

  • Veronika Markelova

    I have no idea where the author of this review takes his information from, but i have to say, that this info is not correct. 'The man on the street' in Russia has no problems to buy normal common food to the same prices as it was before the Embargo….We have many other suppliers of fruits, vegetables, grains, fisch, meat and cheese except the EU, USA etc…And i would like to say one more time that the info, given in the review is incorrect. You have first to check things, when you publish them.

  • Ed DeBoer

    Sounds like lobbying for more government handouts. This prompts at least two questions:
    1) Where is your government supposed to get the money to pay for these farm subsidies?
    2) What should the NATO/EU or US response be to Russian aggression, if not economic sanctions? A military buildup? Force meeting force, resulting in more human bloodshed? A tough question, with no easy answer.

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