What Are Farm Subsidies?

The fixed subsidy is a special fixed subsidy allocated by the state to agricultural breeding farms to complete certain seed production tasks and a fixed subsidy for the implementation of financial contracting plans for losses. Special fixed subsidies are used to compensate the production costs of agricultural undertaking breeding farms, which are different from production income and special appropriations. For farms with poor natural and production conditions, the state implements a plan to fix a subsidy, a certain year, keep the balance, and not make up for excessive losses, and reverse the losses within a time limit. Agricultural undertaking breeding farms set up fixed subsidy income accounts to reflect and supervise the introduction, deduction and carry-over of fixed subsidies, and set up detailed accounts for detailed classification and accounting according to the subsidy items. ^[1]