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Agricultural Supply Management and Antitrust in the United States System of Agribusiness

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  • Bolotova, Yuliya

Abstract

During the last decade organizations of agricultural producers in the U.S. used a supply management practice, which included some form of production restrictions. The purpose of using it is to control the level of supply in order to ensure a fair level of returns to agricultural producers. A practice of using production restrictions has recently raised a lot of concerns among industry participants, lawyers and antitrust law enforcers in the U.S. The plaintiffs in a number of recent and on-going private antitrust lawsuits allege that agricultural production restrictions violate the Sherman Antitrust Act (1890). The article identifies and analyzes key legal and economic issues relevant to the nature and performance of agricultural supply management programs in the United States.

Suggested Citation

  • Bolotova, Yuliya, 2014. "Agricultural Supply Management and Antitrust in the United States System of Agribusiness," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 17(3), pages 1-24, September.
    • Handle: RePEc:ags:ifaamr:183443
    DOI: 10.22004/ag.econ.183443
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    References listed on IDEAS

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    1. Yuliya Bolotova & John M. Connor & Douglas J. Miller, 2007. "Factors influencing the magnitude of cartel overcharges: An empirical analysis of food-industry cartels," Agribusiness, John Wiley & Sons, Ltd., vol. 23(1), pages 17-33.
    2. Bolotova, Yuliya V., 2009. "Cartel overcharges: An empirical analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 321-341, May.
    3. Manchester, Alden C. & Blayney, Donald P., 2001. "Milk Pricing In The United States," Agricultural Information Bulletins 33612, United States Department of Agriculture, Economic Research Service.
    4. Bolotova, Yuliya & McIntosh, Christopher S. & Muthusamy, Kalamani & Patterson, Paul E., 2008. "The Impact of Coordination of Production and Marketing Strategies on Price Behavior: Evidence from the Idaho Potato Industry," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 11(3), pages 1-30, September.
    5. Gale, H. Frederick, Jr., 1990. "Econometric Analysis Of Farmer Participation In The Dairy Termination Program In North Carolina And Virginia," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(1), pages 1-9, July.
    6. Yuliya Bolotova & Christopher S. McIntosh & Paul E. Patterson & Kalamani Muthusamy, 2010. "Is stabilization of potato price effective? Empirical evidence from the Idaho Russet Burbank potato market," Agribusiness, John Wiley & Sons, Ltd., vol. 26(2), pages 177-201.
    7. Gale, H. Frederick, 1990. "Econometric Analysis of Farmer Participation in the Dairy Termination Program in North Carolina and Virginia," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 22(1), pages 123-132, July.
    8. Guenthner, Joseph F., 2012. "The Development of United Potato Growers Cooperatives," Journal of Cooperatives, NCERA-210, vol. 26, pages 1-16.
    9. Bruce L. Dixon & Calvin R. Berry & Dwi Susanto, 1991. "Supply Impact of the Milk Diversion and Dairy Termination Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(3), pages 633-640.
    10. E. V. Jesse & B. W. Marion & A. C. Manchester & Aaron. C. Johnson, 1982. "Interpreting and Enforcing Section 2 of the Capper-Volstead Act," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(3), pages 431-443.
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    Cited by:

    1. Bolotova, Yuliya V., 2022. "Market Power in the U.S. Dairy Industry," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322754, Agricultural and Applied Economics Association.
    2. Bolotova, Yulia V., 2023. "Market Power in the U.S. Dairy Industry," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 5(2), March.
    3. Bolotova, Yuliya, 2018. "Teaching Competition Topics in Undergraduate Courses in Agribusiness Programs: Applications of Seller Market Power," 2018 Annual Meeting, August 5-7, Washington, D.C. 274503, Agricultural and Applied Economics Association.
    4. Bolotova, Yuliya V., 2021. "Market Power in the United States Potato Industry," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 3(4), October.
    5. Bolotova, Yuliya, 2022. "Fluid Milk Pricing and Market Power in the U.S. Dairy Industry," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322069, Agricultural and Applied Economics Association.
    6. Bolotova, Yuliya, 2015. "Agricultural Production Restrictions and Market Power: An Antitrust Analysis," 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia 196848, Southern Agricultural Economics Association.
    7. Bolotova Yuliya V., 2024. "Private Supply Management and Market Power in the U.S. Dairy Industry," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 22(1), pages 1-17.
    8. Bolotova, Yuliya, 2020. "The Price Effects of Milk Supply Control in the U.S. Dairy Industry," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304209, Agricultural and Applied Economics Association.
    9. Yuliya V. Bolotova, 2016. "Agricultural Supply Management and Market Power: Evidence from the U.S. Dairy and Potato Industries," Agribusiness, John Wiley & Sons, Ltd., vol. 32(4), pages 563-568, November.

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