Home >  Term: Zero, 50/85-92 provisions
Zero, 50/85-92 provisions

Refers to the 50/85 and 50/92 commodity program provisions for rice and cotton and the 0/85 and 0/92 commodity program provisions for wheat and feed grains that were in effect in various forms from 1986 through 1995. Under these provisions farmers could idle all or part of their permitted acreage, putting the land in a conserving use, and receive deficiency payments as if up to 92% of the permitted acreage had been planted. A minimum planting requirement of 50% of maximum payment acreage applied for rice and cotton. Under the FAIR Act of 1996, producers have no planting requirements but must observe appropriate conservation practices if the land remains idle.

0 0

Penulis

  • AjayOwor
  •  (Gold) 1463 poin
  • 100% positive feedback
© 2024 CSOFT International, Ltd.