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supply control programs

Any of several government programs to influence the supply of farm products on the market. Some, such as acreage allotments and marketing quotas, are considered mandatory, in that farmers who produce or market in excess of assigned levels can be legally penalized. Others, such as cropland set-asides, acreage reductions and diversions, and farmer-held grain reserves, are considered voluntary, in that farmers are usually encouraged to participate through financial incentives.

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  • AjayOwor
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