definition for: #SupplyMgmt
1 Definition for Hashtag #SupplyMgmt
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Supply Management is a Canada-wide system for controlling the production, buying, selling, marketing, distribution, and advertising of certain agricultural products so as to avoid wild fluctuations in supply, demand, and pricing. Currently chicken, eggs, and turkeys are part of the Supply Management system.
Some blame Supply Management for creating oppressive monopolies and much higher prices paid by consumers (as much as 300% higher).
Quota issued by the Supply Management system permits the current owners to exclusively do producing or buying of these controlled commodities, and all others are prohibited.