If supply management is so great, why don’t we have it already?
Managing national milk production to boost dairy farm profitability is not a new concept. The U.S government has made at least three notable attempts to manage the milk supply since the 1970’s, however these attempts were largely unsuccessful. This begs the question, if managing the milk supply is such a great idea, why aren’t we doing it? And why have previous programs failed to stabilize the dairy economy? To answer these questions, let’s take a closer look at previous atte
