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Intervention purchase refers to the act of purchasing a commodity once its market price drops below a set administered price (the intervention price) so as to raise its market price to at least the level of the intervention price.

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

Cross References:
Intervention price
Intervention stocks

Statistical Theme: Agriculture and fisheries statistics - Agricultural policy indicators

Created on Tuesday, September 25, 2001

Last updated on Tuesday, November 13, 2001