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Bringing Equity to Agricultural Input and Output Markets

Stephanie A. Mercier and Steve A. Halbrook ()
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Stephanie A. Mercier: Farm Journal Foundation
Steve A. Halbrook: University of Arkansas at Fayetteville

Chapter Chapter 10 in Agricultural Policy of the United States, 2020, pp 143-159 from Palgrave Macmillan

Abstract: Abstract Farmers are price takers and there is a natural distrust of merchants and middlemen in the agricultural community. Farmers look to the government to level the economic playing field. This chapter examines the development of market regulation starting with the Granger laws and regulation of railroads through the Sherman and Clayton antitrust acts and the Federal Trade Commission Act. It also reviews the direct regulation of agricultural markets by the Packers and Stockyards Act and the Perishable Agricultural Commodities Act. The Capper-Volstead Act and the Agricultural Marketing Agreement Act of 1937 gave farmers the power to act collectively.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psachp:978-3-030-36452-6_10

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DOI: 10.1007/978-3-030-36452-6_10

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