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re: WWL: Who sets the prices for crawfish in Louisiana? It’s a true mystery
Posted on 3/14/24 at 1:01 pm to kywildcatfanone
Posted on 3/14/24 at 1:01 pm to kywildcatfanone
It’s no mystery. A handful of wholesalers fix the price every Monday. And I mean fix. It’s all done in unison. Not one ever varies. Their only goal is to stretch the spread between the farmer and end user.
This post was edited on 3/14/24 at 1:03 pm
5
Posted on 3/14/24 at 1:12 pm to agdoctor
Spot on. That’s exactly what happens
Posted on 3/14/24 at 1:59 pm to agdoctor
Think of it like a commodity
Miners don’t set the price of gold
O&G companies don’t set the price of oil
Corn, rice, wheat, etc
Miners don’t set the price of gold
O&G companies don’t set the price of oil
Corn, rice, wheat, etc
Posted on 3/14/24 at 2:22 pm to agdoctor
True statement! Every Monday 'Let's drop it a quarter." Why? Because they can and they are the major buyers by a long shot.
Posted on 3/14/24 at 2:50 pm to agdoctor
quote:
Their only goal is to stretch the spread between the farmer and end user.
Buy low, sell high.
Posted on 3/14/24 at 3:02 pm to agdoctor
All you need to do is identify who these price fixers are , and you have a hell of an anti-trust class action suit.
But calling you out to actually name the folks you claim are doing this is a bridge too far, i suppose...
But calling you out to actually name the folks you claim are doing this is a bridge too far, i suppose...
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