PRICE PARITY IN AGRICULTURE AND CONSUMER PRICES FOR FOOD ON MARKET OF KAZAKHSTAN

Abstract

The essence of price parity, including in agricultural sector, has been considered. The analysis of price dynamics for agricultural products and prices of purchase of agricultural production means and services has been presented. The methodology and principles of market pricing have been presented. The mechanism of price formation of agricultural products has been presented. Measures to protect domestic grain market and grain products have been proposed. The principles of pricing in agriculture of the EAEU countries have been revealed. On the basis of target price, the guaranteed prices and collateral rates - fixed and set by the State, have been determined. The role and objectives of the State procurement and commodity interventions as the basis for price regulation of agricultural product market have been presented. The authors state that during formation of guaranteed (purchase, collateral) prices, it is necessary to take into account the inflation level and to level wages in agriculture and other spheres of production.

Keywords

• agriculture
• price parity
• pricing
• target
• guaranteed
• collateral prices
• state procurement interventions
• subsidies