- Industry: Government
- Number of terms: 41534
- Number of blossaries: 0
- Company Profile:
The SFSP operates in low-income areas during the summer months to provide meals and snacks to children in summer day camps. Federal support consists of guaranteed cash and commodity assistance and support for administration and operating expenses. It is authorized through FY2003 under the National School Lunch Act, administered by the USDA, and funded by annual agriculture appropriations.
Industry:Agriculture
Cropland in semi-arid regions that is purposely kept out of production during a cropping season mainly to conserve moisture for the next season. It is common for wheat producers in semi-arid regions to rotate half their cropland to summer fallow each year.
Industry:Agriculture
Timberland from which timber cutting is proposed in forest planning.
Industry:Agriculture
Administered by USDA, program regulations allow cane refiners and food manufacturers, subject to certain conditions, to import sugar exempt from tariff-rate quota provisions that apply to sugar imported for consumption in the U.S. market. Cane refiners process the imported sugar into refined sugar for re-export, or for transfer to food manufacturers for use in sugar-containing products for export. These programs were designed in the early 1980s to utilize excess cane refining capacity and to make U.S. refined sugar and sugar-containing products more competitive on the world market by allowing participating companies to have access to lower world-priced sugar.
Industry:Agriculture
The federal program that maintains a minimum price for sugar. The new program covers the 1996-2002 crops of sugar beets and sugarcane. Under the FAIR Act of 1996, sugar processors benefit from a price guarantee only when nonrecourse loan policy is in effect (i.e., USDA projects that fiscal year imports of sugar will be equal to or greater than 1.5 million short tons). Should projected imports be below 1.5 million short tons, only recourse loans will be available to processors (i.e., no price guarantee exists). Loan rates are frozen through FY2003 at 18 cents/lb. for raw cane sugar, and 22.9 cents/lb. for refined beet sugar. Processors benefit, though, from a slightly higher level of price support accomplished by USDA administering an import quota in such a way that market prices are kept above loan forfeiture levels. Should a processor forfeit on a nonrecourse loan if market prices fall below his forfeiture level, a forfeiture penalty is imposed (i.e., 1 cent/lb. for raw cane sugar, 1.072 cents/lb. for beet sugar). Should this occur, the price guarantee level would be lower than a processor received in the past. The FAIR Act of 1996 repealed both the program’s no cost requirement (in effect since FY1986) and standby authority (in effect during FY1992-1996) to impose marketing allotments under certain conditions.
Industry:Agriculture
A low-income farm where the emphasis is on production for use of the operator and the operator's family rather than for sale.
Industry:Agriculture
A direct or indirect benefit granted by a government for the production or distribution (including export) of a good or to supplement other services. Generally, subsidies are thought to be production and trade distorting, resulting in an inefficient use of resources. Arguably, subsidies may be justified on grounds that they adjust for nonmarket considerations that are as important as market values. This term also is used to refer to federal reimbursements for meals served through child and elderly nutrition programs.
Industry:Agriculture
Usually refers to a direct marketing arrangement between a local farmer and one or more nearby consumers, where the consumer pays, or agrees to pay, the farmer in advance for delivery of a variety of fresh farm products, as they are produced throughout the season. It provides a source of guaranteed, up-front income that the producer can use to finance planting and other operations.
Industry:Agriculture
The agreed-upon price, usually in dollars per thousand board feet (mbf), between a private timber purchaser and the federal agency for the right to cut and remove trees and/or logs from the federal lands.
Industry:Agriculture
Leaving the stubble or crop residue essentially in place on the land as a surface cover during a fallow period. Stubble-mulching can prevent erosion from wind or water and conserve soil moisture.
Industry:Agriculture
