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  1.  
  2. Table 7. Target Prices Under CBO Baseline Assumptions and Under 3 Percent
  3.          Annual Reductions (By crop year)
  4.  
  5.            1993       1994       1995       1996       1997       1998
  6.  
  7.                          CBO Baseline Assumptions
  8.  
  9. Wheat      4.00       4.00       4.00       4.00       4.00       4.00
  10.  
  11. Corn       2.75       2.75       2.75       2.75       2.75       2.75
  12.  
  13. Rice       10.71      10.71      10.71      10.71      10.71      10.71
  14.  
  15. Cotton     0.729      0.729      0.729      0.729      0.729      0.729
  16.  
  17.                         3 Percent Annual Reductions
  18.  
  19. Wheat      4.00       3.88       3.76       3.65       3.54       3.43
  20.  
  21. Corn       2.75       2.67       2.59       2.51       2.43       2.36
  22.  
  23. Rice       10.71      10.39      10.08      9.77       9.48       9.20
  24.  
  25. Cotton     0.729      0.707      0.686      0.665      0.645      0.626
  26.  --------------------------------------------------------------------------
  27.  
  28. SOURCE:   Congressional Budget Office.
  29.  
  30. NOTE:   Wheat and corn in dollars per bushel; rice in dollars per
  31. hundredweight; cotton in dollars per pound.
  32. ---------------------------------------------------------------------------
  33.