Posted County Price (PCP)

Business / Agriculture / Posted County Price (PCP): This price is calculated for wheat and feed grains for each county by the Farm Service Agency. The PCP reflects changes in prices in major terminal grain markets (of which there are 18 in the country), corrected for the cost of transporting grain from the county to the terminal. It is utilized under the marketing loan repayment provisions and loan deficiency payment provisions of the wheat and feed grains commodity programs. Rice and cotton use an adjusted world price as the proxy for local market prices.

Other Words for Price

Price Noun Synonyms: charge, cost, expense, expenditure, outlay, payment, amount, figure, fee, quotation, appraisal, value, valuation, evaluation, worth
Price Verb Synonyms: sacrifice, toll, penalty, cost, consequence
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Price Spread

Business / Finance / Price Spread: An options strategy that involves buying and selling two options on the same security with the same expiration month, but with different exercise prices. MORE

Price Support

Business / Agriculture / Price Support: Programs operated by USDA that are intended to raise farm prices when supply exceeds demand and prices are unacceptably low. Support usually is achieved through nonrecourse loans, payments, and purcha MORE

Price Takers

Business / Finance / Price Takers: Individuals who respond to rates and prices by acting as though prices have no influence on them. MORE

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