Through the introduction of the time and expectation factors in the supply-demand model,t his paper analyzed the effects of income and output of food price protection policy, and found that, in thes hort time, food price protection policy contributed to increases food production and improve the income oft he farmers', but in the long time, grain price protection policy would shrink the space of the farmers'i ncome and reduce the grain output. Therefore, in order to increase the farmers' income and grain outputc ontinuously, and th...