Definition of Normal yield

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TeachMeFinance.com - explain Normal yield



Normal yield

The term 'Normal yield ' as it applies to the area of agriculture can be defined as ' The average historic yield established for a particular farm or area. Can also describe average yields. Normal production would be the normal crop acreage planted multiplied by the normal yield. These measures, required by previous commodity programs to calculate benefits, are not required for production flexibility contracts under the FAIR Act of 1996'.

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Mark McCracken

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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