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 crops on a farm may not exceed the farm acreage. The acreage base was used in determining the number of acres a farmer, under an acreage reduction program, had to remove from normal crop production and devote to conserving uses in order to be eligible for USDA price and income supports. The FAIR Act of 1996 suspends the base acreage provisions of the permanent law.
Base Adjective Synonyms: low, undignified, cowardly, selfish, mean, despicable, contemptible, filthy, evil
Base Verb Synonyms: establish, found, secure, build, ground, anchor, fix, hinge, form, derive, draw
Base Noun Synonyms: bottom, foot, support, stand, pedestal
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 progra 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