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

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

From Time Magazine Archive

Commodity Credit Corporation must lend them up to 90% of the parity price for their crops.

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