Re:Mexico is phasing out imports of glyphosate and GMO corn
by whimsicalism on Tuesday August 10, 2021 @10:29AM
(#28129283)
Revenue, but the number is actually 73%, I misremembered.
https://www.washingtonpost.com/opinions/2019/06/12/best-way-...
One reading (87% of gross income) is obviously problematic, and another (87% of profit) is exactly what you'd expect to get if you add almost any subsidy to a previously low-margin activity.