A Report on Farmers’ Market, Detroit The farmers’ market in Detroit, also known as the Eastern Market Farmer’s Distribution Centre, is the largest fresh farm produce and fresh flower open air market in the United States. The market stands on a 43 acres piece of land and has more than 150 specialty shops and food stores. It is located at the centre of the Eastern Market District east of Detroit in Michigan and has been operational since 1891. The market is operational on a daily basis but its most spectacular day of the week is Saturday. Saturday is the most spectacular because it has historically been the market day at the Eastern Market. On average, the market day attracts about 45000 shoppers and business people majorly buying and selling …show more content…
Firstly, the farmers do not have to pay high taxes in order to sell their produce at the market. What they pay to be allotted an open air stall at the market is very little in comparison to what they would pay to get a store in downtown Detroit. Secondly, Saturday being the traditional market day at the farmer’s market, a lot of people visit the market not only from the populous Detroit city but also from various parts of the country. An average of 45000 buyers every Saturday is a wide enough market for a farmer to strategize how to maximize his profits. Thirdly, the farmer’s market has no worthy competitor in the whole of Michigan State; therefore the prices that the farmers get at the market are far better than what they would have gotten elsewhere in the state. The farmers’ cost of transport to the market is also low due to the fact that they are local farmers and the market is in their midst. The only major limitation of the farmer’s market to the farmers is their inability to control the prices at the market. The buyers also suffer a limitation since the market is far off town therefore not easily accessible to most …show more content…
It affects the economy in two distinct ways. Firstly, the market affects the household incomes of the farmers and traders plying their trades at the market. Traders at this market realize high profits increasing their buying power. The market also generates high income to the state from the taxes levied on the traders selling at the market. From these taxes the state government is able to improve the lives of the citizens living in Michigan. The thought by some city officials to convert the vacated space at the market into a city farm might be beneficial but only in the short run. This is because the city farm will continue producing fresh farm produce but at very small scale since the vacated space will not be enough to produce all essentials. furthermore, declining population is not an indicator that the population will continue diminishing for ever. Even though it is a noble idea to produce food at every given opportune space, city farming is not viable in the long run even in cities which are experiencing declining
Even with these faults, this society appreciates the hard work of farming compared to the easy way of living today. One point of Berry’s argument is that he believes that the land is falling more and more into the hands of speculators and professional people from the cities, who, in spite of all the scientific agricultural miracles, still have more money than farmers. Big technology and large economies have caused more abandonment of land in the country than ever before. Many of the great farmers are clearly becoming different because they lack manpower and money to maintain properly. The number of part-time farmers and ex-farmers increases every year due to the problems with money and resources.
Tom Parrett in the article “GMO SCIENTISTS COULD SAVE US ALL FROM HUNGER, IF WE LET THEM” stated, The United Nations and experts say global food production will have to double by 2050, at which point the world population is expected to have grown from 2 billion today to well beyond 9 billion. That’s just 35 years away, and there will be no new arable land then”. In short, the population is increasing tremendously and we are going to find ourselves with less land to be able to have these massive growing operations. A possibly valid argument, but what about individual farming? Individuals can still farm on their own, and we can prepare for the land problem by reducing the number of preoccupied buildings.
this notion of stable supply and demand affected prices of farm commodities. “Low prices on
I agree with you when you mentioned how Trader Joe’s differentiate itself from other grocery stores. Grocery retailers are very competitive, and Trader Joe’s does a good job at offering good-value pricing by lowering their prices.Trader Joe’s care about the most compact detail to attract customer and I find Trader Joe’s service very unique because like you mentioned, the company offer some ingredient online and free samples. However, I think in the long term, Trader Joe not promoting their company will hurt them. I’m not saying Trader Joe’s will go out of business, but the top grocery retailers invest a lot of money to promote their products and trying to compete with them will be difficult. Having loyal customer and demonstrating the importance
The rebirth of the farmers market, and does it have enough movement to expand, would it make a difference in the local economy. I want to explore if it is economical for a person to start a business and make a decent living, with today’s standards of living. Second the quality of produce at a farmers market compared to a supermarket. Finally research if small businesses contribute more to local economy more than the larger businesses.
Trader Joe is a prime example of effective management. Started out as a small store in 1958, by Trader Joe, who further invested wisely in effective decision making process to expand the stores to approximately 414 stores well distributed in 400 locations across 37 states in the United States and District of Columbia, The main aim of this paper is to give a thorough discussion of the problems associated with Trader Joe operations, conducting strategic analysis by identifying the strategic issues and formulating alternative solutions to such problems (Hill, Charles, Schilling, Melissa & Jones, 2016).
enterprise lie on every side; farmers find no markets for their produce; the savings of many years
One thing that can lead to the uprise of a city is the ability to “attract people and enable them to collaborate” (Document 3). The reason this would help a city thrive is because when people are making inventions to make the city more efficient, life in the city becomes more enjoyable and then it improves the economy of the city. Another thing that helps cities thrive is a good education system (Document 3). The reason this helps is because when people in the city are well educated, then they are able to come up with better ideas to help the city become a better place and improve living conditions there, which would make for a more successful city. One thing that could cause the decline of a city would be “leaving empty houses for sale” (Document 4). This is because it lowers the economy of the city and other prices of homes which will impact the city in a negative way. This also may cause people to move out of the city. Another thing that could cause the decline of a city would be something called the “edifice complex”, where the city thinks that “new office buildings and sports arenas and transport systems will help the city thrive” (3). The reason this does not help the city is because when there are just buildings sitting around not being occupied, they lose value and
... as farmers became more conscious of prices rising to transport their goods, they were forced to find other means of transportation to distribute their goods.
As the second industrial revolution began, more and more corporations begin trying their hand at farming. These “bonanza” farms were huge and because they had the backing of a big business, they were able to afford the best farm equipment and keep their prices low (3). The massive production and low prices of these corporate farms were a serious problem for the family farmer in America, which, along with foreign competition on the global market, led to plummeting prices for crops. These low returns resulted in farmers planting more crops each year in a fight to make a profit, unfortunately, this resulted in overproduction and further declines in prices. But while this was a problem that threatened farmers' chances to make a living, there is little to be done to fix it, as it was simply capitalism at work. Higher tariffs might have been put into place on foreign crops, but until the problem became more serious, it was unlikely for the government to step in and regulate the number of crops each farm produced. It is important to remember that during this time, the idea of government intervention into private business is even more unpopular than it is
I do wish that they had had more vendors that could have displayed a different identity or culture, but I was told that there was usually a barbeque place that showed up and other stands that sold their own respective cultures foods but that it had been a slow week. There is often this perception that farmers markets are for the well off and for those who can afford to spend a good chunk on money for organic produce and artisan cheeses and breads and although I did see some expensive items I didn’t feel that I was being pushed away from vendors and I didn’t feel out of place. When I knew that I was going to attend the farmers market I knew that I would see expensive produce, compared to the supermarket I usually grocery shop at, and I was prepared to see it and I did, but it didn't seem as if the items were so expensive that the average joe couldn't afford them some of the fruits and vegetables were actually cheaper here than at the supermarket and you at least know where the food is coming from if you buy it here.
In contrast, he describes commercial agriculture to be able to make more productive use of land. With technology, time taken for harvesting and planting is greatly reduced, allowing for mass production of food. Although commercial agriculture is more efficient in food production, it tends to make careless use of land, “leaving bare ground between planted rows.” (Bellow) Collier undermines the benefits of small-scale farming.
Is losing agricultural farm land to urban area bad or good Is losing agricultural farm land to urban area bad or good? I believe it is bad, we lose nearly two acres a minute nearly 120 acres an hour, this means lots of farmland is disappearing. Over time this will become a major problem from over population to not having enough food to feed the world. Losing this farms is bad meaning that land that made money could become land that that not only does not make money but takes money. This becomes a problem because as more and mor land stop making money we stop having money.
As agriculture has become more intensive, farmers have become capable of producing higher yields using less labour and less land. Growth of the agriculture has not, however, been an unmixed blessing. It, like every other thing, has its pros and cons. Topsoil depletion, groundwater contamination, the decline of family farms, continued neglect of the living and working conditions for farm labourers, increasing costs of production, and the disintegration of economic and social conditions in rural communities. These are the cons of the new improved agriculture.
In rural areas, often on small family farms, it is difficult to improve one's standard of living beyond basic necessities. Farm living is dependent on unpredictable environmental conditions, and in times of drought, flood or pestilence, survival becomes extremely problematic. Cities, in contrast, are known to be places where money, services and wealth are centralized. Cities are where fortunes are made and where social mobility is possible.