Business / Agriculture / Failed Acreage: Tracts of properly-planted and managed crops that did not grow or were destroyed due to a natural disaster. Failed acreage is eligible for indemnification if covered by the federal crop insurance program.
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Business / Agriculture / National Farm Program Acreage: The number of harvested acres of feed grains, wheat, and cotton needed nationally to meet domestic and export use and to accomplish any desired increase or decrease in carryover levels. The acreage ba MORE
Business / Agriculture / Flex Acreage: The Omnibus Budget Reconciliation Act of 1990 mandated that deficiency payments not be made on 15% of a farm?€™s crop acreage base, called normal flex acres. The acreage could be planted to any pr MORE
Business / Agriculture / Farm Acreage Base: The total of the crop acreage bases (wheat, feed grains, cotton, and rice) for a farm for a year, the average acreage planted to soybeans and other non-program crops, and the average acreage devoted t MORE
Business / Agriculture / Failed Acreage: Tracts of properly-planted and managed crops that did not grow or were destroyed due to a natural disaster. Failed acreage is eligible for indemnification if covered by the federal crop insurance prog MORE
Business / Agriculture / Normal Crop Acreage: The acreage on a farm normally devoted to a group of designated crops. When a set-aside program is in effect, a participating farm?€™s total planted acreage of such designated crops plus set-aside MORE
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