The Free Market Answer to U.S. Farm Problems


 

Publication Date: October 1984

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): E.C. Jr. Pasour

Research Area: Agriculture, forestry and fishing

Keywords: Agriculture

Type: Report

Abstract:

U.S. agricultural policies have been designed to raise product prices above the market price ever since the New Deal era. Today's agricultural surpluses can be attributed directly to government price support programs in which farm product prices have been supported at artificially high levels. As such, the most effective means of eliminating surpluses of grains, milk, or other products is to eliminate price supports.