Excess feed cost

EXCESS FEED COST

by IFPRI | November 16, 2022
Short name:
EFC

Excess feed cost is a supplementary cost resulting from market price support on quantities of crops domestically produced and consumed as feed by livestock producers. It is deducted from the producer support estimate (PSE) for livestock and the consumer support estimate (CSE) for crops. This avoids double-counting when aggregating the PSE and CSE for crops and livestock.

Broader term:
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