Capper-Volstead Act

The Capper-Volstead Act, passed in 1922, is a U.S. law that allows farmers to form cooperative organizations to collectively market their products without violating antitrust laws. This means farmers can come together to negotiate better prices and fairer terms for their goods, helping them compete against large corporations. The act supports the idea that small farmers can work together to strengthen their bargaining power and improve their economic situation, promoting fair competition in agriculture. In essence, it recognizes the unique challenges faced by farmers and provides them with a legal framework to collaborate effectively.