Home > Term: crop revenue coverage (CRC)
crop revenue coverage (CRC)
A form of revenue insurance that protects a producer’s revenue for 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 by allowing producers to use the higher of the planting price or the market price in determining a target level of revenue.
- Jenis Kata: noun
- Industri / Domain: Pertanian
- Kategori: Program & hukum pertanian
- Company: USDA
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