The Farm Crisis and Corporate Power

April 25, 2001
1.26 MB41 pages

Canadian farmers are struggling with near-record low prices and many face bankruptcy unless the current crisis is adequately addressed by the federal and provincial governments. The real cause of this crisis is the enormous imbalance in market power and income between the big agribusiness corporations and the family-owned farms, not the domestic agricultural subsidies supplied to farmers in other countries. This study finds that the market is failing to return a fair and adequate share of the consumer dollar to farmers. And it is failing to allocate to farmers a reasonable return on labour, management and equity from our agri-food system's huge revenue stream. This study is not just of interest to farmers and economists or to anyone hoping to learn more about what is happening in agriculture, but also to the rest of us who buy, eat, and enjoy food.