Agricultural programs & laws

Agricultural programs & laws

Of or pertaining to laws, political programs or schemes related to agriculture.

Industry: Agriculture

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Agricultural programs & laws

off-farm income

Agriculture; Agricultural programs & laws

That portion of farm household income obtained off the farm, including nonfarm wages and salaries, pensions, and interest income earned by farm families. On average for all farms in the United ...

offer versus serve

Agriculture; Agricultural programs & laws

Refers to the option children may have to refuse one or more items offered as part of a federally subsidized school lunch or breakfast without losing eligibility for federal reimbursement.

offal

Agriculture; Agricultural programs & laws

The less valuable byproduct material from the preparation of a specific product; primarily refers to the byproducts of meat and poultry plants, e.g., blood, bone, feathers, fat.

ocean ranching

Agriculture; Agricultural programs & laws

A type of aquaculture, used mainly by the salmon industry, which cultures juvenile fish, releases them to mature in the open ocean, and catches them when they return as adults to spawn.

price support

Agriculture; Agricultural programs & laws

Programs operated by USDA that are intended to raise farm prices when supply exceeds demand and prices are unacceptably low. Support usually is achieved through nonrecourse loans, payments, and ...

Current price expressed as a proportion to the same price in an earlier time period, commonly called the base period. Monthly price indexes computed by the National Agricultural Statistics Service ...

price elasticity of demand

Agriculture; Agricultural programs & laws

The relationship between the change in the price of a commodity and the corresponding change in the quantity that is sold. If a small change in the price is accompanied by a relatively large change ...