The Holding Action of 1967
The NFO engaged in producers strikes called “holding actions” to get food processors who ordinarily held monopsony power over farmers to sign the agency contracts.
On March 16, 1967 the NFO started their most notable holding action. They withheld milk from the market for 15 days until they were enjoined from doing so by a temporary restraining order issued by US Federal Judge Stephenson of the US District Court for Southern Iowa. By the time the restraining order expired the government negotiated terms agreeable to the NFO.
Read more about this topic: National Farmers Organization
Famous quotes containing the words holding and/or action:
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—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
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—T.S. (Thomas Stearns)