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The program was administered by the Natural Resources Conservation Service (NRCS), an agency of the United States Department of Agriculture (USDA). In 2008 Congress enacted the 2008 Farm Bill and replaced the Conservation Security Program with the similarly named, but differently structured Conservation Stewardship Program. [1] [2]
The Conservation Reserve Program (CRP) is a cost-share and rental payment program of the United States Department of Agriculture (USDA). Under the program, the government pays farmers to take certain agriculturally used croplands out of production and convert them to vegetative cover, such as cultivated or native bunchgrasses and grasslands, wildlife and pollinators food and shelter plantings ...
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Counter-cyclical payment (CCP) — Under the Direct and Counter-cyclical Program (DCP) created by the 2002 farm bill (P.L. 101-171, Sec. 1101-1108), counter-cyclical payments are made to participating producers when the marketing year average price received by farmers for a covered commodity is less than the target price.
The counter-cyclical payment rate is the amount by which the target price of each commodity exceeds its effective price. The effective price for each commodity equals the direct payment rate plus the higher of: the national average market price received by producers during the marketing year, or the national loan rate for the commodity.
A sub-program of the Conservation Reserve Program, the Conservation Reserve Enhancement Program (CREP) is a state-federal multi-year land retirement United States Department of Agriculture (USDA) program developed by states and targeted to specific state and nationally significant water quality, soil erosion, and wildlife habitat problems.
Natural Resources Conservation Service (NRCS), formerly known as the Soil Conservation Service (SCS), is an agency of the United States Department of Agriculture (USDA) that provides technical assistance to farmers and other private landowners and managers. Its name was changed in 1994 during the presidency of Bill Clinton to reflect its ...
The basic conceptualization of nature from the perspective of environmental economics is that manufactured capital can be used as a substitute for natural capital. [13] The definition of PES provided by environmental economics is the most popular: a voluntary transaction between a service buyer and service seller that takes place on the condition that either a specific ecosystem service is ...