Study Identifies 30 Local Products that Compete on Price with Imported Ones
3 Articles
3 Articles
Although Puerto Rico imports more than three-quarters of the food it consumes, local production has room to replace some of those purchases by offering competitive prices on dozens of agricultural products.
Can local farmers compete in price with imports? José Caraballo Cueto. (Photo provided) By Redacción de Sin Comillas Puerto Rican farmers offer lower prices than the cost of importing 30 of 74 agricultural products analyzed, which opens a significant opportunity to increase the island's food self-sufficiency, according to a study by the University of Puerto Rico, Río Piedras Campus, published in the scientific journal Agriculture & Food Security…
San Juan – A new study published in the prestigious international journal Agriculture & Food Security (Springer Nature) found that Puerto Rican farmers have lower prices than the cost of importing 30 of 74 agricultural products analyzed, which opens a significant opportunity to increase the island’s food self-sufficiency. The research, entitled “Self-sufficiency in a Small Country? Evidence from an empirical analysis along the supply chain in Pu…
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