price support
- n a government subsidy used to maintain prices at a certain level
price support :
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- USDA restarts price support loans after one-month break
Price support loans on 2013 U.S. crops are available again, the Agriculture Department said on Friday, after a one-month hiatus needed to partially satisfy automatic budget cuts. USDA said the loan amounts disbursed to producers would be reduced by 5.1 percent, also due to the budget cuts. "We must comply with the laws established by Congress in accordance with (budget) sequestration policy ...
Nov. 1, 2013 - Reuters via Yahoo! Finance