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DairyTalk 206: Free Market Failure - What U.S. Dairy Can Learn from Canada - by Helmut Demmelhuber
The U.S. dairy industry is trapped in a cycle of chronic overproduction, collapsing prices, and massive subsidies - yet thousands of farms continue to disappear. This episode contrasts that volatility with Canada’s supply management system, which uses production quotas and stable pricing to protect farm viability. While Canadian consumers pay higher prices, farmers gain long-term planning security. We explore whether elements of this regulated model could realistically work in the United States, what reforms would be required, and why the choice may no longer be free market versus regulation…
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