Search results
Results From The WOW.Com Content Network
The farm bill also established a Milk Income Loss Contract (MILC) program that makes direct payments to participating dairy farmers whenever the minimum monthly market price for farm milk used for fluid consumption in Boston falls below $16.94 per hundredweight (cwt.). The MILC program has been reauthorized until September 30, 2012.
The Dairy Production Stabilization Act of 1983 (P.L. 98–180, Title I) authorized the Dairy Promotion Program. The national dairy checkoff started in 1983 as an optional program for dairy farmers to contribute to increase demand for dairy products. As of 2011, the program was no longer optional; dairy producers must contribute to the program.
The Direct and Counter-cyclical Payment Program (DCP) of the USDA provides payments to eligible producers on farms enrolled for the 2002 through 2007 crop years. There are two types of DCP payments – direct payments and counter-cyclical payments. Both are computed using the base acres and payment yields established for the farm.
Article 9 - Active Farmer: Establishes eligibility criteria for direct payments, targeting funds to those genuinely involved in agriculture. [9] Article 10 - Minimum Requirements for Receiving Direct Payments: Details conditions under which farmers may be ineligible for payments, such as minimal payment amounts, to prioritize impactful support ...
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.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Agribusiness: a display of a John Deere 7800 tractor with Houle slurry trailer, Case IH combine harvester, New Holland FX 25 forage harvester with corn head. An agricultural subsidy (also called an agricultural incentive) is a government incentive paid to agribusinesses, agricultural organizations and farms to supplement their income, manage the supply of agricultural commodities, and ...
Unlike a direct sale of raw milk for consideration, a shareholder pays a one-time fee in exchange for her undivided interest in the herd. This is the purchase agreement or the bill of sale . In addition to the bill of sale, the shareholder pays a monthly boarding fee (or "agistment fee") that covers the farmer's cost for labor and maintenance ...