intervention price


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intervention price

n
(Commerce) commerce the price at which the EU intervenes to buy surplus produce
Translations
prix d'intervention
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References in periodicals archive ?
He says the PKI has repeatedly been demanding the government announce cotton support price to save the growers from losses and ultimately the industry, while the parliament has also passed a resolution and a Special Committee on Agriculture, headed by the National Assembly speaker, has a couple of months ago recommended announcing support price or intervention price and imposing duty on import of raw cotton.
The committee was also told that the agriculture minister of Punjab has requested the federal government to fix intervention price for cotton.
They also called for dairy intervention price thresholds to be reviewed and fertiliser import tariffs removed to boost competition in the European fertiliser sector.
They condemned a failure to address the intervention price for milk given the difficulties faced by dairy producers.
He added that it was disappointing the Commission will not review the intervention price in the dairy sector.
Ahead of the protest, dairy board chairman Rob Harrison has already met with MEPs and European Commission officials to repeat calls for the milk intervention price to be reviewed to create a more realistic floor in the market.
The fixation of intervention price at Rs 3000 per 40 kg for seed cotton phutti will help save farmers from any possible loss due to price fluctuation in future.
It insisted that the intervention price must also be updated to take account of market realities.
The IFA has called on the EU to lift the EU intervention price and to provide a basic, stable price for milk of 28cent per litre.
These included the end of the intervention system, whereby farmers could sell to the EU at a guaranteed price if the market price falls below a specified level, and the level of any reduction in the intervention price.
Revaluation of the UK's green pound this week will knock another four pence a kilo off the next intervention price although Ulster plants have tendered a much larger tonnage.
They wish an upward revision of the reference price and a narrowing of the intervention price bands.

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