TeachMeFinance.com - explain Revenue Assurance (RA)
Revenue Assurance (RA) The term 'Revenue Assurance (RA) ' as it applies to the area of agriculture can be defined as ' A form of revenue insurance that protects a grower of an insurable crop whenever low prices, low yields, or a combination of both causes revenue to fall below a guaranteed level selected by the producer. It differs from other revenue insurance programs in that it allows a farmer to use the posted county price, rather than a national price, in determining a target level of revenue'.
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