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Tag Archives: subsidies

RAISIN RULING

The U.S. Supreme Court dealt a blow to the Agriculture Department’s marketing order system by ruling that the agency must compensate farmers who are forced to turn over their crops in order to avoid oversupplies. At issue is the marketing order for raisins that props up prices by requiring producers to put excess supplies into… read more

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SOY SUBSIDIES

China set the domestic target price for soybeans at $20.94/bu. for this year, after Beijing scrapped a stockpiling scheme for the crop. When the domestic price falls below the target price, the government will subsidize farmers, Chinese officials said.

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