date:Jan 21, 2014
er than the target price, producers will be subsidised the difference, therefore guaranteeing farmers' income. It did not give further details on how the target price would be set.
I don't think they will give very big subsidies. The government wants to encourage grain production not cotton production, said another trade source. I think we will see total production drop when the planting statistics are revealed in March.
The changes are expected to be brought in prior to this year's harvest in