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.
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
Support Noun Synonyms: tolerate, bear, stand (for), suffer, submit to, undergo, brook, stomach, endure, abide, countenance, face, stick, put up with
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
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
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