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target prices

target prices

A price level established by law for wheat, corn, sorghum, barley, oats, rice, and upland and extra-long-staple cotton. Farmers participating in Commodity Credit Corporation commodity programs receive the difference between the target price and either the market price during a period prescribed by law or the price support (loan) rate, whichever is higher.

Authorization Path: 1.2.1.2.12.0

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