What is the supply management system?
Supply management in Canada’s agricultural sector
Any industry, from car manufacturing to shoe factories, tries to establish the best possible balance between supply and demand. Farm producers try to do the same thing through supply management. They manage their production so that it will align with the demand forecasts for their products. In a supply management system, demand is forecast by means of calculations, and production signals are sent out to producers based on the demand forecasts that are obtained this way.