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Lettuce Look at Some Prices

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From Lettuce (Lactuca sativa)
Lettuce (Lactuca sativa)
(image by Franco Folini)

   by Walter Brasch

I was resting at home when Marshbaum called to ask if I wanted to go with him to look at the lettuce.

"The supermarket's got lettuce for less than two bucks a head," he said enthusiastically.

"What's so unusual about that?"

"Because it's going to be extinct in a few weeks."

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"You're buying up lettuce and selling it on eBay as antiques?" I sarcastically asked.

"Don't be ridiculous! I'm buying the best heads, storing them, and selling them for four bucks in a couple of months."

"What makes you think anyone would pay four bucks a head when they can get them now for less than two bucks?"

"Weren't you listening, Ink Breath? I said, I'll be selling them in two months. I'm buying futures. You know, like pork belly futures."

"Your future looks like Chapter 11," I said.

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"California and the Southwest are in the worst drought in decades. Wiped out much of the agricultural land. Drought's almost as good as winning the PowerBall. Prices have to rise."

"But California and the Southwest got heavy doses of rain a couple of weeks ago," I replied.

"I'm being patient with you since you are a city boy," said Marshbaum, "Drought left the land barren. Rain wasn't enough to solve the problem, and what there was of the rain destroyed what was left. Picking season is almost here, and there's not a lot to pick."

"Even if farmers have to raise their prices to four bucks a head to survive, they should be able to break even."

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Walter Brasch is an award-winning journalist and professor of journalism emeritus. His current books are Before the First Snow: Stories from the Revolution , America's Unpatriotic Acts: The Federal Government's Violation of (more...)

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Never, never, let a good crisis go to waste! The... by Paul Repstock on Saturday, Mar 15, 2014 at 11:19:41 AM
Morallity has gone out the window. It has become ... by Paul Repstock on Sunday, Mar 16, 2014 at 11:38:17 AM
It is reassuring to walk into a grocery store and ... by Ceric on Saturday, Mar 15, 2014 at 10:12:27 PM
Well said! We take far to many things for grante... by Paul Repstock on Saturday, Mar 15, 2014 at 11:23:56 PM
The one thing missing from this "conversation" is ... by Doc McCoy on Sunday, Mar 16, 2014 at 1:30:55 AM
Raising the minimum wage will probably have NO ef... by Walter Brasch on Sunday, Mar 16, 2014 at 4:53:24 AM
Let's look at the big picture Walter.  As the... by Doc McCoy on Sunday, Mar 16, 2014 at 7:08:04 AM
>"..raising the minimum wage is not a panacea ... by Paul Repstock on Sunday, Mar 16, 2014 at 11:19:53 AM
As technology continues to "improve our lives" the... by Doc McCoy on Sunday, Mar 16, 2014 at 12:37:15 PM
Doc; I sense a Megalomania about you. Either that... by Paul Repstock on Sunday, Mar 16, 2014 at 12:57:27 PM
You are funny Paul.  Unfortunately, you have ... by Doc McCoy on Sunday, Mar 16, 2014 at 1:34:49 PM
:) ... by Paul Repstock on Sunday, Mar 16, 2014 at 10:16:40 PM
It would be useful to define what money is, and th... by Ceric on Sunday, Mar 16, 2014 at 11:22:20 PM
I think that increasing the minimum wages would t... by Ceric on Sunday, Mar 16, 2014 at 11:23:04 PM