Business / Agriculture / Acre: 1 acre=43,560 sq. Ft.=208.7 ft.2 =0.405 hectares: or 640 acres=1 sq. Mile (called a section).
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Business / Agriculture / Normal Flex Acreage: A provision of the Omnibus Budget Reconciliation Act of 1990 requiring a mandatory 15% reduction in payment acreage. Under this provision, producers were ineligible to receive deficiency payments on 1 MORE
Business / Agriculture / Acreage Limitation: With respect to commodity policy, acreage limitation might refer to planting constraints under an acreage reduction program, set-aside, or paid land diversion. In relation to water policy, it is the m MORE
Business / Agriculture / Acreage Allotment: Under provisions of permanent commodity price support law, a farm?€™s acreage allotment is its share, based on its previous production, of the national acreage needed to produce sufficient supplie MORE
Business / Agriculture / Crop Acreage Base: A crop-specific measure equal to the average number of acres planted (or considered planted) to a particular program crop for the previous five years. The sum of the crop acreage bases for all program MORE
Business / Agriculture / Optional Flex Acreage: Under the planting flexibility provision of the Agricultural Act of 1949, as amended by the FACT Act of 1990, producers could choose to plant up to 25% of the crop acreage base to other CCC-specified MORE
Business / Agriculture / Base (Or Contract) Acreage: A farm?€™s crop-specific acreage of wheat, feed grains, upland cotton, or rice eligible to enroll in commodity programs under previous legislation, and subsequently eligible for production flexibi MORE