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IFD:The grain prices at eIsrael.

Day 470, 12:48 • Published in Israel Israel

• by Israel Ministry of Finance

Few hours ago, worried citizen made a contact with us.
He claimed the grain prices are way overpriced.

After checking that issue we can confirm that besides "The Growing eIsrael - Q2 NOW" company
who sells each Q2 grain for 1 NIS, all the other companies indeed sell the grain for unfair price.

In order to propose a new taxes for grain which will have much higher income tax, we must insure first that the grain companies at eIsrael wont create such a monopol,making each food company owner to make his own grain company abroad,and by that killing the market.

We would like to ask from the grain companies owners to discuss together about that issue, and to start lowering the costs of the grain at the market.

Another useful advice will be to upgrade the grain company in order to produce much more grains.(Q2 grain company produce 1.8 more grains then Q1 company).

Thank you very much, IFD.

Comments

Incerum holdings Day 470, 15:36

I try and pay a living wage to my employees - other companies pay deployably low wages.

I'm operating at break even... cannot drop the price any further. How can our economy grow on such terms??

Code-Y Day 470, 18:42

Well, Q1 Food is 0.65 NIS At Revolution Foods * HoneyApple (Depends On What Day) So Minimum Wage is livable, 1 NIS - 0.65= 0.35 NIS Left, Then They Work Another Day, 1 NIS - 0.65 NIS = 0.35 + 0.35 = 0.70, So after two days of working you can afford 3 pieces of Q1 food

So yeh 😃

Incerum holdings Day 471, 01:45

This deflation of the economy is no good for anyone - better that we allow food prices to rise a little.

Sadeh Badeh Day 471, 06:20

the food prices are to low.
food should cost more, about 1 NIS.

About grain, i make myself 12 grains Q2 to my manager.
Which means i make 24 Q1 grain.
If he will sell each "Q1" grain for 0.5 NIS, he will earn about 12 NIS.
From that he can pay me 8 NIS without a problem.

Code-Y Day 471, 07:09

The reasons food prices are low is because if they're to high, people wont be able to buy, Yesterday I gave out 15 Pieces of free Q1 food to people (From my Org) because they didnt have any money

Sadeh Badeh Day 471, 10:28

Lol im sorry, but check the Data yourself.

They start with fee of 5 NIS.
They can start work at the first day for salary of 1.3 NIS or so.

After 2 days thier skill is level 1, after another 4 days its level 2.

That means they even earn money, if they food price will be 1 NIS.

Wagon Wheel Day 471, 22:50

HoneyApple breaks even or profits slightly by buying at 0.50 NIS per RM unit of grain, paying employees at least 0.25 to produce food and selling at 0.80. Q1 Grain can pay nearly the same wage (medium land produces at half the rate Q1 manufacturing does), Q2 land produces at 90% the rate of Q1 manufacturing and can pay more (with greater wellness loss).

I believe that it is demeaning to charge more for Q1 food than the minimum wage minus income tax, makes people feel exploited right when they start the game.

This means that Q1 food and grain prices will need to stay right about where they are in relation to minimum wage.

Incerum holdings Day 472, 04:15

It is also demeaning to pay a minimum wage of only NIS 1... There are two ways to look at this.

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