Not sure what the right economic word for this is – derived demand maybe?

A lettuce growers says he is concerned high tomato prices may be putting consumers off salads altogether.

Victorian lettuce grower Wayne Shields said his sales of lettuce had dropped by about 30 per cent in recent months.

Mr Shields said he normally did not have a problem moving his stock, but he had to drop his prices recently to get things going again.

Oz has a tomato shortage as a result of the weather. And lettuce demand seems to be dropping. No toms so why bother to have a salad sort of thing.

I think there’s a word of phrase to describe this but I can’t recall what it is. Hot dog roll demand falls when there’s no hot dogs…..derived demand? Dependent? Summat…..

18 comments on “Not sure what the right economic word for this is – derived demand maybe?

  1. It’s not an economics word.

    Salad-dodging.

    The Aussies are well known for it and use any excuse that can justify it.

  2. “I must say Mr. Tomato, you’re looking very flavourful today”

    “And Mr. Lettuce, you’re amazingly green and crisp this morn!”

    ??

  3. Australia ludicrously behind the curve in terms of growing knowledge, techniques, cheap labour, ability to supply horticultural produce year round. It is like the 80s there. As someone said protectionism plays a large part. They also have big problems with things like quality plant material due to fear of importing pests and diseases. Everything is just done badly, hence high prices and shortages.

  4. back when trading frozen pork bellies was a thing, there was the june vs sept spread and the june bellies vs june whole hogs spread … referred to as the “BLT” spread (because summer demand for bacon-lettuce-and-tomato sandwiches increasing induced demand of bellies relative to whole hogs) … although i never traded livestock

  5. TW:

    “I must say Mr. Tomato, you’re looking very flavourful today”

    “And Mr. Lettuce, you’re amazingly green and crisp this morn!”

    No, those would be complimentary goods.

  6. Aha, but I suppose I ate ’em together when we lived in Oz and enjoyed that native comestible “Hamburger the lot”. I particularly enjoyed the layer of beetroot.

    Do Ozzies still eat “Hamburger the lot”?

  7. dearime: Urrgggh! Power barf on reheat! I hate beetroot. I got caught by that Antipodean idiosyncrasy of putting beetroot in burgers on the NZ Interislander many moons ago.

  8. dearime: The “hamburger with the lot” is also something I miss from Aus. Simplified ordering when a bit under the weather. The other thing is Chiko Rolls. And another thing is fried dim sims. Miss them too.

  9. Is tomato demand really that elastic? I mean, by how much do tomato prices need to rise until people think, “nope” and put them back?

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