TeachMeFinance.com - explain Farm acreage base
Farm acreage base The term 'Farm acreage base ' as it applies to the area of agriculture can be defined as ' The total of the crop acreage bases (wheat, feed grains, cotton, and rice) for a farm for a year, the average acreage planted to soybeans and other non-program crops, and the average acreage devoted to conserving uses (excluding Acreage Reduction Program land). The FAIR Act of 1996 eliminated the need to calculate a farm acreage base'.
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