Definition of National farm program acreage

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TeachMeFinance.com - explain National farm program acreage



National farm program acreage

The term 'National farm program acreage ' as it applies to the area of agriculture can be defined as ' The number of harvested acres of feed grains, wheat, and cotton needed nationally to meet domestic and export use and to accomplish any desired increase or decrease in carryover levels. The acreage base for an individual farm was calculated as the producerís share of the national farm program acreage. The FAIR Act of 1996 eliminated the need to calculate a national program acreage'.

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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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