price support

To achieve that, the Government first sets a level for price supports.

But in 1986 a new law designed to protect exports sharply reduced price supports.

But price supports might be more harmful in the long run, because they could fuel inflation.

On the economic side, there is no doubt that price support must be reduced to nearer world levels.

However, the problem of low price support for rice still continues to affect the production sector.

A 2010 audit said the company still did not provide effective price support.

Although European price supports have been trimmed gradually in recent years, they are still high by world standards.

But tax policy was never intended to function as a price support.

A further shift in agricultural spending from price support to direct income aid is also proposed.

The Government spent $11.9 billion on price supports and other payments for corn.