Target price and loan rate concepts for agricultural commodities
U.S. Dept. of Agriculture, Economic Research Service, Commodity Economics Division, Agricultural Policy Analysis Program Area, 1976 - Farm produce - 8 pages
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1976 Commodity 1976 target prices Acreage allotments AGRICULTURAL COMMODITIES allotted acreage Analysis Program Area average market price barley calendar year price cents/lb COMMODITIES By J. B. Commodity Economics Division CONCEPTS FOR AGRICULTURAL corn currently deficiency and disaster deficiency payment rate disaster pay disaster payments eligible for deficiency established target price feed grains Index of Prices J. B. Penn ln Index LOAN RATE CONCEPTS loan rate levels loan rate provisions Low yields1 ments natural disasters prevent Nonrecourse commodity loans Nonrecourse loans normal production Paid for Production payments are based Penn and W. H. PPI AY PPI(t-l price and loan price received Prices Loan Rates Prices Paid Production From Allotted Production Items rate or one-third Rates Wheat revised lndex revised PPl rice Secretary of Agriculture sorghum TARGET PRICE ADJUSTMENTS Target Prices Loan Three-year average yield Total Dol U.S. Department upland cotton USDA's vious W. H. Brown Wage Rates weighted calendar