Definition of Program crops

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TeachMeFinance.com - explain Program crops



Program crops

The term 'Program crops ' as it applies to the area of agriculture can be defined as ' Crops eligible for deficiency payments under commodity program provisions that ended in 1995. These were wheat, feed grains, cotton, and rice. These same crops are now called contract commodities because they are eligible for production flexibility contract payments. Other commodities receiving price support include extra long staple cotton, soybeans and other oilseeds, tobacco, peanuts, sugar, and milk'.

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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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