Slaughtering To Reduce Supply


	Slaughtering To Reduce Supply

Hana Alberts

4-18-2008 4:51 PM

1345 views

Hana Alberts says:

This can't be the only example of things like this happening in North America -- I wonder what other industries are taking steps to reduce their supply.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/be4e3cc8-3d01-4a19-bf48-7d9c7b8dc30f/2528C9BF-2D05-4047-845A-B14404DFDD13/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://gregmankiw.blogspot.com/2008/04/bad-time-to-be-pig.html" href="http://gregmankiw.blogspot.com/2008/04/bad-time-to-be-pig.html" style="font-size: 11px;">gregmankiw.blogspot.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gregmankiw.blogspot.com/2008/04/bad-time-to-be-pig.html"><H3 class="post-title">
A Bad Time to be a Pig
</H3></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gregmankiw.blogspot.com/2008/04/bad-time-to-be-pig.html"><DIV>
      <DIV></DIV>Chapter 5 of <A href="http://www.amazon.com/Principles-Economics-Student-Gregory-Mankiw/dp/0324224729">my favorite economics textbook</A> talks about how governments sometimes try to help farmers by paying then not to bring crops to market, an action aimed to reduce supply and raise prices. A student brings to my attention <A href="http://canadianpress.google.com/article/ALeqM5iSMncueqK8aXsX56BCX6dCvkw82Q">a recent example</A> of this kind of policy:<BR /><SPAN><BLOCKQUOTE><SPAN>EDMONTON —In what is being called an unprecedented move, the federal government will pay Canadian pork producers $50 million to kill off 150,000 of their pigs by the fall as the industry teeters on the brink of economic collapse....Those who qualify for payments must agree to kill off an entire breeding barn of pigs and not to restock the barn for three years.</SPAN></BLOCKQUOTE></SPAN><DIV></DIV>
    </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/2528C9BF-2D05-4047-845A-B14404DFDD13/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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