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Re: OT: Sugatbeets
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Posted by Hound on February 02, 2005 at 12:59:37 from (209.226.106.61):
In Reply to: Re: OT: Sugatbeets posted by Allan in NE on February 02, 2005 at 11:35:30:
In Ontario, we have supply management on certain crops and livestock. Basically, you pay, (apparently) $650/acre to grow a certain quantity of sugarbeets, this is called quota. This is suppose to regulate the industry. This limits the amount of growers and for this price, they have a limited, exclusive market share. So the processors, are only suppose to buy from quota holders and vise versa. After an abundant growing year, the farmers amount of lbs that their quota might be good for, is reduced or after a poor growing year, increased. Prices may also be locked in. This regulates the market. This is a whole nother can of worms, we don't want to go there. This also includes chickens, turkeys, tobacco to name a few products. Hound
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