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Since the 1992 CAP reform, the original price support policy has been replaced by a policy aiming at greater competitiveness.
Agricultural revenue has dropped and so this 7% is a mere illusion; we have simply moved from a price support policy to an income support policy.
Government price support policies and the weather - which affect demand for the company's products and the cost of producing new strains - will always be beyond its control.
According to recent estimates by Forbes magazine, the Fanjuls receive benefits of about $1 million a week as a result of the Government's sugar price support policies.
Price support policies have effects on less-favoured areas and these effects may sometimes be more important than structural policy effects through the LFA Directive.
The CSE is almost always negative because transfers from consumers due to market price support policies outweigh any consumption subsidies from taxpayers that might be provided to consumers.
True Delbert Morse, a former Agriculture Department Under Secretary and an architect of agricultural price support policy, died on June 3 at a retirement home in Sun City, Ariz.