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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