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Dairy Dispute, Walmart vs. China, and 2022 Look-Ahead

The Trade Guys

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Supply Management in the Dairy Industry

supply management is what they call it when the government's involved. It's called price fixing when the government isn't involved. Basically, this is a way to raise prices to consumers for the benefit of the producers. A lot of agricultural commodities manage to maintain these systems. Us. Sugar would be an example of it. But because the government itself is involved in the rigging, it seems to be ok. The only other comment i make is one of the things the supply management does, it makes the industry focus principally on the domestic market. That's their concern. Managing that domestic supply becomes the principal sort of element in business success.

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