The problem of promoting the farm income stabilization system and rice paddy agricultural management
1999
Yoshida, T. (Takasaki City Univ. of Economics, Gunma (Japan))
With the introduction of the New Rice Policies, the Rice Price Stabilization Policy has been transformed into the Rice Producers' Farm Income Stabilization System. The new act is based on three main elements: (1) the New Production Adjustment Promotion Policy, (2) the Rice Farm Income Stabilization System, and (3) the Operation Reform for an Orderly Marketing System. In support of the act, the Voluntarily Marketed Rice Price Formation Center is to be used to ensure that prices more truly reflect the actual supply-demand situation of voluntarily marketed rice. The reason for this is that rice inventories accumulated too much and voluntarily marketed rice does not truly reflect the price in terms of the actual supply and demand; however, additional adjustments to rice production will be difficult to achieve. The promotion of the Rice Farm Income Stabilization System includes various reform measures: the Voluntarily Marketed Rice Price Formation Center should be the center of transactions and price formation of voluntarily marketed rice, the Rice Farm Income Stabilization System should be reformed about the standard price and so on, and the income of the wheat and soybeans produced in paddy fields maintain a balance in income of rice. This requires that budget expenditures for agricultural policies must be reconsidered
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