Government assistance in maintaining the levels of market prices regardless of supply or demand.
〔经济〕(政府不根据供求状况帮助维持市场价格水平的)价格支持,价格补贴
as modifierexisting price support mechanisms ensure a minimum price for much farm produce
Example sentencesExamples
Identifying oilseeds as another critical area, Mr Chidambaram said the government would facilitate farmers to diversify into oilseeds by promoting superior seed technology and through an appropriate policy of price support.
Current farm price support policy, as well as crop insurance concepts, seek to protect farmers in part from risk inherent to the market.
Countering competition, they seek consolidation and price support interventions.
Wholesale butter, powder and cheese prices have been struggling all year to stay above price support levels.
‘At current prices, cattle farmers are losing serious money and the minister will have to urgently deliver on his commitments on re-opening markets and effective intervention price support,’ he said.
Definition of price support in US English:
price support
nounprīs səˈpôrt
Economics
Government assistance in maintaining the levels of market prices regardless of supply or demand.
〔经济〕(政府不根据供求状况帮助维持市场价格水平的)价格支持,价格补贴
as modifierexisting price support mechanisms ensure a minimum price for much farm produce
Example sentencesExamples
Countering competition, they seek consolidation and price support interventions.
‘At current prices, cattle farmers are losing serious money and the minister will have to urgently deliver on his commitments on re-opening markets and effective intervention price support,’ he said.
Identifying oilseeds as another critical area, Mr Chidambaram said the government would facilitate farmers to diversify into oilseeds by promoting superior seed technology and through an appropriate policy of price support.
Wholesale butter, powder and cheese prices have been struggling all year to stay above price support levels.
Current farm price support policy, as well as crop insurance concepts, seek to protect farmers in part from risk inherent to the market.