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 purchases. Some commodities are designated in the law to receive mandatory support: others may be supported at the discretion of USDA. Over time, policy changes have shifted toward farm income support and away from commodity price support.

Other Words for Price

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

Support Verb Synonyms: back (up), stand by, help, bolster, uphold, brace, strengthen, fortify, buttress, prop (up), shore up, reinforce, boost, champion, assist, take up the cudgels for, aid, promote, forward, second, advance, advocate, stand up for, be supportive (of or in), C
Support Noun Synonyms: tolerate, bear, stand (for), suffer, submit to, undergo, brook, stomach, endure, abide, countenance, face, stick, put up with
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Tobacco Price Support Program

Business / Agriculture / Tobacco Price Support Program: The tobacco price support program uses a combination of marketing quotas and nonrecourse loans to keep prices stable and higher than they would be otherwise. The marketing quotas limit production in o MORE

Sugar Price Support Program

Business / Agriculture / Sugar Price Support Program: The federal program that maintains a minimum price for sugar. The new program covers the 1996-2002 crops of sugar beets and sugarcane. Under the FAIR Act of 1996, sugar processors benefit from a price MORE

Dairy Price Support Program

Business / Agriculture / Dairy Price Support Program: The federal program that maintains a minimum farm price for milk used in the manufacture of dairy products. The CCC indirectly assures a minimum price for milk by purchasing any cheddar cheese, nonfat MORE

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