TeachMeFinance.com - explain Grazing fee
Grazing fee The term 'Grazing fee ' as it applies to the area of agriculture can be defined as ' A charge, usually on a monthly basis, for grazing a specific kind of livestock. For federal lands, the grazing fee is based on a formula found in the Public Rangelands Improvement Act (PRIA). The federal grazing fee is equal to a base fee of [$1.23 x the Forage Value Index (FVI)] + [the Beef Price Index (BPI)] - [the Prices Paid Index (PPI)] ¸  and is charged per animal unit month'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.