Microeconomics: Market Failure in the UK agriculture industry essays & term papers     

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Microeconomics: Market Failure in the UK agriculture industry Free Essay, Term Paper and Book Report

Article for Micro-economics internal assessment- Market Failure Dairy farmers strike over low prices paid by supermarkets By Martin Hickman, Consumer Affairs Correspondent Published: 02 November 2005 Dairy farmers across the country begin a three-day strike today in protest at falling prices paid by supermarkets which they say are driving them out of business. Almost 4,000 farmers are expected to halt supplies of milk to dairies for the rest of the week and instead give away or dump hundreds of thousands of pints of milk. Farmers will also stop taking livestock, poultry and vegetables to market. David Handley, chairman of Farmers for Action, a militant campaign group organising the protest, said farmers were being bankrupted by supermarkets forcing down wholesale prices. Unless retailers and the Government signaled they were listening to the protests, the group threatened week-long strikes in the approach to Christmas. Mr. Handley, who played an influential role in the fuel protests that paralyzed the country in 2000, advised consumers to stock up on perishable f......

Word Count: 1308
Page Count: 5.2  (250 words a page / double spaced)

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