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.

---

Example Sentences

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

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

Hinted that the parity price program is obsolete�"at its best it treats the symptoms and not the cause"�but postponed discussion of the problem of parity "since it is now before the Congress."

From Time Magazine Archive

At the old parity price of 85s. per ounce, these holdings are valued by the Bank at only �126,400,000�less than the Bank's 1931 gold holdings when England was forced off the gold standard.

From Time Magazine Archive