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BASIC PRICE – OECD

Statistics Directorate    
French Equivalent: Prix de base - OCDE

Definition:
The basic price provides a reference point for the triggering of intervention measures. It is set in the same way as the target price in the sheep, goat, pig and sugar beet sectors. It is adjusted on a seasonal basis in the sheep and goat sector.

Source Publication:
Agricultural Policies in OECD Countries: Monitoring and Evaluation 2000: Glossary of Agricultural Policy Terms, OECD.

Cross References:
Basic price – ESA
Basic price – SNA

Version Indicator: OECD

Statistical Theme: Agriculture and fisheries statistics - Agricultural policy indicators

Created on Tuesday, September 25, 2001

Last updated on Thursday, April 24, 2003