Price-Fixing Plans

Excerpt: The form of price fixing in which most interest has been exhibited recently is that represented by plans for fixing the price of only that portion of the total supply of exported commodities which moves into domestic consumption. Under present conditions, the price which can be obtained for the domestic portion of some crops is limited by the price which can be obtained for the exported portion, and one price prevails for the entire supply. Under the proposed price-fixing plans, the domestic and foreign markets would be separated, with the fixed price applying to the portion sold domestically and a freely competitive world supply and demand price for the remainder.