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Re: Agricultural Liberalisation
Alfred,
There can be fine shades of meaning, but I take it that direct
payments mean the government writes a check to the farmer for growing
or not growing a crop or for any other reason. The government can
subsidize corn by saying it will buy all corn at $3.00 per bushel if
the market price falls below $3. In this case the farmer benefits but
the support is indirect.
--
Jim - Farmer - Iowa City, IA,
jnmeade@blue.weeg.uiowa.edu
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