Definition of Sunflower Oil Assistance Program (SOAP)

0-9
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search

TeachMeFinance.com - explain Sunflower Oil Assistance Program (SOAP)



Sunflower Oil Assistance Program (SOAP)

The term 'Sunflower Oil Assistance Program (SOAP) ' as it applies to the area of agriculture can be defined as ' Along with the Cottonseed Oil Assistance Program (COAP), SOAP was one of two programs under which bonuses were awarded to exporters of U.S. vegetable oil to assist in exports to targeted markets. The SOAP was authorized beginning in FY1988 with funds made available under Section 32 of the Agricultural Adjustment Act of 1935. The provision in the Disaster Assistance Act of 1988, which had authorized the SOAP, expired at the end of FY1995 and was not extended in the FAIR Act of 1996. However, the USDA appropriations act for FY1996 (P.L. 104-37) provided authority to operate the program in FY1996. Export subsidies for sunflower oil can be financed under the Export Enhancement Program (EEP)'.

Previous 5 Terms:
sumptuary
Sun
Sun Pillar
Sun Pointing
sunbittern
Next 5 Terms:
sunglint
suni
Sunk cost
Sunny
sunphotometer




About the author

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".


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.