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The Conservation Reserve Program (CRP) is a cost-share and rental payment program of the United States Department of Agriculture (USDA). Under the program, the government pays farmers to take certain agriculturally used croplands out of production and convert them to vegetative cover, such as cultivated or native bunchgrasses and grasslands, wildlife and pollinators food and shelter plantings ...
A farmer’s crop acreage base is reduced by the portion of cropland placed in the Conservation Reserve Program (CRP), but increased by CRP base acreage leaving the CRP. Farmers have the choice of base acreage used to calculate Production Flexibility Contract payments for crop year 2002, or the average of acres planted for crop years 1998 ...
Crop acreage base is a crop-specific measure equal to the average number of acres planted (or considered planted) to a particular program crop for a specified number of years. The crop-specific nature of this measurement was important prior to the 1996 farm bill (P.L. 104-127), which adopted an inclusive measure of base acreage and allowed ...
The options in determining DCP base acres were: to use 2002 PFC acreage to establish DCP base acres; to use 2002 PFC acreage and add oilseed base history for the 1998-2001 crop years (three options were available under this scenario that allowed flexibility between oilseed base acres and other crop base acres); and to calculate all base acres ...
Through ACRE, the United States Department of Agriculture (USDA) offers producers an alternative to the Direct and Counter-Cyclical Program. The ACRE alternative provides eligible producers a state-level revenue guarantee, based on the 5-year state Olympic average yield and the 2-year national average price. ACRE payments are made when both ...
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The U.S. deficit in fiscal 2024 ended on Sept. 30 topped $1.8 trillion, the highest outside of the COVID era, as public debt interest costs exceeded $1 trillion for the first time.
[citation needed] Developmental policy included such legislation as the Land Act of 1820, the Homestead Act, which granted 160-acre (0.65 km 2) townships, and the Morrill Act of 1862, which initiated the land-grant college system, one in a long series of acts that provided public support for agricultural research and education.