The Canadian Dairy Dispute
Canada has been extremely protective of its dairy farmers for a long time. Governed by a supply management quota system, Canadian dairy producers have had higher and more stable milk prices than U.S. producers. Canada has about 11,700 dairy farms, and just under 960,000 cows.¹ Compare that to the U.S., which has about 64,000 dairy farms and 9.3 million cows. The Canadian government put a supply management system in place in the early 1970s in an effort to reduce production surpluses. [node:read-more:link]