TeachMeFinance.com - explain Actual Production History (APH)
Actual Production History (APH) The term 'Actual Production History (APH) ' as it applies to the area of agriculture can be defined as ' A measure of an individual farmerís annual production of a commodity over a multi-year period. The APH serves as the basis for the farmerís 'normal' crop yield in the crop insurance program. When the actual crop yield deviates by more than a certain percentage from the APH, an insured producer is be eligible for an indemnity (loss) payment'.
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