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 - but survival versus
collapse. With comments on a "The Bullvine"-article (January
29th, 2025) by Andrew Hunt: https://www.thebullvine.com