TeachMeFinance.com - explain Payment quantity
Payment quantity The term 'Payment quantity ' as it applies to the area of agriculture can be defined as ' The quantity of production eligible for production flexibility contract payments under the FAIR Act of 1996. Payment quantity is calculated as the farmís program yield (per acre) multiplied by 85% of the farmís contract acreage (but subject to payment limitations)'.
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.