Definitions for agricultural subsidy
agri·cul·tur·al sub·sidy

WikipediaRate this definition:0.0 / 0 votes

1. Agricultural subsidy

   An agricultural subsidy (also called an agricultural incentive) is a government incentive paid to agribusinesses, agricultural organizations and farms to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such commodities. Examples of such commodities include: wheat, feed grains (grain used as fodder, such as maize or corn, sorghum, barley and oats), cotton, milk, rice, peanuts, sugar, tobacco, oilseeds such as soybeans and meat products such as beef, pork, and lamb and mutton.A 2021 study by the UN Food and Agriculture Organization found $540 Billion was given to farmers every year between 2013 and 2018 in global subsidies. The study found these subsidies are harmful in numerous ways. In wealthy countries, they damage health by promoting the overconsumption of meat. In under-developed countries they encourage overconsumption of low-nutrition staples. Subsidies also contribute to the climate crisis, by encouraging deforestation; and they also drive inequality because smallholder farmers, many of whom are women, are excluded. According to UNDP head, Achim Steiner, redirecting subsidies would boost the livelihoods of 500 million smallholder farmers worldwide by creating a more level playing field with large-scale agricultural enterprises. A separate report, by the World Resources Institute in August 2021, said without reform, farm subsidies “will render vast expanses of healthy land useless”.

WikidataRate this definition:4.0 / 1 vote

1. Agricultural subsidy

   An agricultural subsidy is a governmental subsidy paid to farmers and agribusinesses to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such commodities. Examples of such commodities include; wheat, feed grains, cotton, milk, rice, peanuts, sugar, tobacco, oilseeds such as soybeans, and meat products such as beef, pork, and lamb and mutton. Such subsidies are extremely controversial, both because of their complex effects and because of their political origins, which involve heavy lobbying from groups representing the interests of agribusiness.

How to pronounce agricultural subsidy?

1. Alex

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How to say agricultural subsidy in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of agricultural subsidy in Chaldean Numerology is: 1

2. Pythagorean Numerology

   The numerical value of agricultural subsidy in Pythagorean Numerology is: 8

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Agricultural_Subsidy
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=agricultural subsidy