ENSC 315 Lecture 18: Food Trade
19 Apr 2017
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Document Summary
Food trade - also a way of trading water and energy. System of control for eggs, chickens, turkey and milk. Controlling farm income - manage the supply of something so it does not exceed the demand and the ability for the market to hold it. Milk market plan - egg - turkey and chicken - chicken hatching eggs. Each farm purchases quota in order to increase or decrease dependent on this quota and quota is linked with the demand. Each farm produces a certain amount and no more. It may increase or decrease depending on year but farmer does not get to decide get to decide. Predetermined produce quota imported and prices associated with it. Individual farmers do not get to negotiate cost of quota . Producers of supply managed products have an assured market at an assured price set to provide a reasonable living for a family farmer.
