Yes, there exists an economic case for a regime of MSPs backed by law
It must not be viewed merely as a subsidy to farmers but also as a tool to aid in price management. A well-designed MSP system can provide income support to farmers and also serve as a complementary tool to control food inflation.
It must not be viewed merely as a subsidy to farmers but also as a tool to aid in price management. A well-designed MSP system can provide income support to farmers and also serve as a complementary tool to control food inflation.