Dairy trade and NAFTA

[sawfly1]

just looked up the cost of buying back all the milk quota .
approx. 1 million dairy cows in Canada .
lib.s and con.s both said they would buy up the quota
if supply management ended
market value of the quota is 23 billion
another figure 4.5 billion is book value

do not know how happy they would be with book value .

somebody get a calculator ,
23 billion divided by 36 million people equals ?

each cow is worth 25,000$
so 36 people pay for 1 cow
about 700 per person .

just think how much cash the hutterites will have to buy land after that payout.
I guess the bulk will go to Quebec and ontario

[GDR]

just looked up the cost of buying back all the milk quota .
approx. 1 million dairy cows in Canada .
lib.s and con.s both said they would buy up the quota
if supply management ended
market value of the quota is 23 billion
another figure 4.5 billion is book value

do not know how happy they would be with book value .

somebody get a calculator ,
23 billion divided by 36 million people equals ?

each cow is worth 25,000$
so 36 people pay for 1 cow
about 700 per person .

just think how much cash the hutterites will have to buy land after that payout.
I guess the bulk will go to Quebec and ontario

Absolutely right, and it has to be compensated properly. Part of the reason the gov defends supply management is those ag sectors are profitable and don't take tax dollars to support it like beef, pigs, grain farms etc have through various subsidies and ad hoc programs. So if a dairy industry is to continue afterwards, you gotta expect more tax dollars flowing that way than just quota values. It will cost us all.


And... anyone thinking retail prices would go down is just foolish. Does beer go down when malt barley is lower, bread down as wheat price drops?? Of course not, it's not the way the system works.