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

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

Thus the parity price for cotton in March was 1.79 times 12.4� , or 22.2� a pound; parity price for wheat was 1.79 times 88.4�, or $1.58 a bushel; for corn, $1.15.

From Time Magazine Archive

Hinted that the parity price program is obsolete�"at its best it treats the symptoms and not the cause"�but postponed discussion of the problem of parity "since it is now before the Congress."

From Time Magazine Archive

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

From Time Magazine Archive

Examples: the parity price for corn, 97� in September 1942, touched $1.06 a year later and is now at $1.15.

From Time Magazine Archive