Restoring Parity and Reducing Ecological Impacts through Agricultural Price Floors

Amanda Claire Starbuck Economic Justice, Environmental Resilience

A hallmark of New Deal era agricultural programs, price floors were eliminated along with other supply management tools over the second half of the 20th century. Absence of price floors drives down farm income and encourages overproduction – a vicious cycle with numerous externalities, from environmental degradation and agricultural intensification to supplying factory farms with cheap feed. Reinstating price floors is an essential step in restoring farm income and addressing these externalities.

From Disparity to Parity

Garrett Graddy-Lovelace History of Parity