Supply Management and Price Ceilings on Production Quota Values: Future or Folly?

Abstract

This paper examines and contrasts two policies instituted by the Dairy Farmers of Ontario (DFO) in reaction to the escalation of production quota values on the provincial quota exchange, which regulates the transfer of dairy production quota among producers in the province of Ontario.Supply Management, DFO, Production Quota, Provincial Quota Exchange, Price ceiling, Progressive Transfer Assessment, Agricultural and Food Policy, Livestock Production/Industries, Production Economics,