10 Terms
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Agricultural programs & laws
Of or pertaining to laws, political programs or schemes related to agriculture.
Industry: Agriculture
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Agricultural programs & laws
production flexibility contract
Agriculture; Agricultural programs & laws
A 7-year contract covering crop years 1996-2002, authorized by the FAIR Act of 1996 between the CCC and farmers, which makes fixed income support payments in place of the previous variable target ...
production expenses
Agriculture; Agricultural programs & laws
Measures the aggregate business cost of farming. The two main components are current farm operating expenses and overhead costs. Farm production expenses are accounted for differently in calculating ...
Production Credit Associations
Agriculture; Agricultural programs & laws
Lending groups, owned by their farmer-borrowers, that provide short and intermediate-tem loans for up to 10 years from funds obtained from investors in money markets. These associations are an ...
production control
Agriculture; Agricultural programs & laws
Any government program or policy intended to limit production. These have included acreage reduction, set-asides and diverted acreage.
production contract
Agriculture; Agricultural programs & laws
These contracts specify who supplies the production inputs, the quality and quantity of the commodity to be produced, and the compensation for the producer. Under some livestock production contracts, ...
Private voluntary organization (PVO)
Agriculture; Agricultural programs & laws
A nongovernmental, nonprofit organization that provides economic and social assistance to people in need, often in foreign countries. PVOs play an important role, along with cooperatives, in ...
Producer subsidy equivalent (PSE)
Agriculture; Agricultural programs & laws
A measure of the value of monetary transfers to agricultural producers resulting from agricultural policies in a given year. It includes both transfers from consumers of agricultural products ...
