TeachMeFinance.com - explain Diversion payments
Diversion payments The term 'Diversion payments ' as it applies to the area of agriculture can be defined as ' Payments once but no longer made to farmers who voluntarily reduced their planted acreage of a program crop and devoted the land to a conservation use when a paid acreage diversion was in effect. Also, payments made to dairy producers in the late 1980s under the no longer operating dairy termination program who agreed to reduce their milk marketings below a prescribed level'.
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