In Canada dairy is regulated. Hopefully all food becomes regulated soon. Real hard push back from the right even though they complain the liberals are doing nothing about food prices.
In Canada, regulation is the reason they dump milk. Regulation creates milk quotas that they are not allowed to exceed. Farmers do not benefit from this, they would certainly sell more milk at a lower price if it was allowed.
I mean that’s your speculation, however the contrary of your speculation (companies literally dumping extra product so that they DON’T sell it at a lower price) has already happened. So I don’t think your speculation is accurate.
But you can sell unspoiled milk for lower prices. Regulation prevents them from lowering price or selling to other marketers. That’s a fact. Regulations restricted sales. Regulation restricted dropping prices.
Regulation causes dumping, free markets cause lower prices. You have not falsified that idea yet.
Just watched a thing yesterday about milk companies dumping tanker after tanker of perfectly good milk, because they don’t want the prices to drop.
In Canada dairy is regulated. Hopefully all food becomes regulated soon. Real hard push back from the right even though they complain the liberals are doing nothing about food prices.
In Canada, regulation is the reason they dump milk. Regulation creates milk quotas that they are not allowed to exceed. Farmers do not benefit from this, they would certainly sell more milk at a lower price if it was allowed.
I mean that’s your speculation, however the contrary of your speculation (companies literally dumping extra product so that they DON’T sell it at a lower price) has already happened. So I don’t think your speculation is accurate.
Newfoundland has one of the largest amout of dairy farms in Canada and not a single one dumps milk.
Actually, I took your word for it when I first read this response, but it turns out dairy farmers in Newfoundland were asked to dump milk by their provincial dairy association. So yes, they have had to dump milk, and it was directly caused by the provincial dairy commission.
Also, the whole milk dumping thing became viral because of Ontario specifically, each case of which was cause by government regulation: https://globalnews.ca/video/9459508/milk-dump-dairy-farmer-exposes-where-excess-milk-goes/ https://toronto.citynews.ca/2023/02/02/dairy-farmer-dumping-excess-milk/ https://torontosun.com/opinion/columnists/lilley-viral-video-shows-canadas-dirty-dairy-secret-we-dump-lots-of-milk
Your source relates to the dumping of milk due to demand drop during covid. Can’t sell spoiled milk.
But you can sell unspoiled milk for lower prices. Regulation prevents them from lowering price or selling to other marketers. That’s a fact. Regulations restricted sales. Regulation restricted dropping prices.
Regulation causes dumping, free markets cause lower prices. You have not falsified that idea yet.