parity price

Cultural  

1. A price paid to American farmers that is designed to give them the same real income that they had between 1910 and 1914, a period selected because it was a time of agricultural prosperity.

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Example Sentences

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parity price

Diesel prices, which the company increased in May, were 15% below international markets, while gasoline prices were more than 20% lower than the import parity price.

From Reuters ● Jun. 14, 2022

The Department was forced to boost the price under the Bankhead Amendment, which requires adjustment of the parity price.

From Time Magazine Archive

Then the House noisily pulled the biggest surprise of the 83rd Congress by voting down a continuation of rigid 90% of parity price supports on the basic crops.

From Time Magazine Archive

The parity price of wheat rose from $1.34 to $1.58, cotton from 18.85^ to 22jf.

From Time Magazine Archive

Reason : the Bankhead Amendment, which recently raised the parity price of cotton.

From Time Magazine Archive