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What regulates global agricultural markets?
The concept of agricultural market regulation is a type of government intervention in the market and includes a set of regulations and policies to support the main factors of the market, which includes producers and consumers, and to control the main variables of the market, which include the amount and the price applied by the government. In general, the agricultural market consists of several components, which are:
  • Supply and demand or market functions
  • The quantity and price of the product or main variables of the market
  • Producers and consumers or main factors of the market
In the following paragraph, we take a brief look at the government structures of the agricultural sector in the successful countries of the American and European continents, which have a significant percentage of the gross domestic product and a high volume of trade in agriculture.   America in regulating the agricultural market The United States of America is one of the leading countries in the field of food and agricultural product produced in the world. The management and organization of production and commerce in America are done in an integrated way. That is, the Ministry of Agriculture acts as a regulator and facilitator in the field of production and the global market, and the responsibility of regulatory policies at the micro and macro level of consumer markets, as well as planning for exports and determining production and import standards, is the responsibility of this ministry.   Canada in agricultural market regulation Canada has the highest production record in annual wheat production and by adopting the correct production and commercial policies, it offers a competitive product in the world markets. Trade services in Canada's Department of Agriculture are the responsibility of the Agricultural Trade and Global Market Services Executive Branch, which is headed by the Assistant Deputy Minister of Agriculture. "Implementation of bills and regulations promulgated by the Parliament of Canada in the field of market regulation, implementation of support programs and market development, information infrastructure and facilitation for the better presence of producers in international trade" is one of the responsibilities of this department.   Australia in agricultural market regulation Australia's agricultural sector is one of the economic pillars of this country. The name of the ministry related to agricultural production affairs of this country is "Ministry of Agriculture, Fisheries, Forestry and Water Affairs", which has four areas: "market supply", "trade and commerce", "transformation industries" and "health and safety" of various products related to the agriculture sector. They all are working under this ministry as vice-chancellors.   Germany in agricultural market regulation Germany is one of the most advanced countries in the field of agriculture and food production. The responsibilities of the market in this country in the field of agriculture are defined under the duties of the production manager. A deputy in the field of consumption and market is responsible for policy making.   Last word In general, the study of the government structures and managerial experiences of the above countries shows that the powers of trade and regulation of the global market, transformation industries, and even sometimes the powers related to ensuring food safety and health are within the structure of the Ministry of Agriculture of these countries.