TeachMeFinance.com - explain Acreage diversion programs
Acreage diversion programs The term 'Acreage diversion programs ' as it applies to the area of agriculture can be defined as ' Historically, commodity programs included provisions to reduce commodity supplies by diverting acreage to non-crop uses. Examples include paid diversion, unpaid diversion, set-aside, and acreage reduction programs. The FAIR Act of 1996 eliminated authority for the USDA to implement annual acreage reduction programs. The Conservation Reserve Program pays farmers for the long-term conversion of fragile cropland land to conserving uses and is not considered to be an acreage diversion program'.
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