*KEY POINTS FROM THE TEXTBOOK*
1. What is costprice squeeze and how it effects Canadian farmers?
Costprice squeeze: the small or negative margins farmers realize when the costs
of producing food capital investment, agricultural inputs, and labour are
larger than the income generated from the sale of that food.
Canadian farmers managed to to produce and sell $723 Billion worth of
agriculture, but their net income was less than zero. All of the money that they
generated in revenue was captured by the agribusiness corporations that sell
farmers fuel, chemicals, fertilizer, and technology. To survive financially, most
farm families have been forced to survive on offfarm income and borrowed
2. What are the advantages of marketing boards for Canadian farmers? What