Hundredweight

Business / Agriculture / Hundredweight: One hundred pounds (abbreviated as cwt.). A standard unit of measure for milk, rice, and some meat livestock.

Parity Price

Business / Agriculture / Parity Price: A measurement of the purchasing power of a unit of a particular commodity. Originally, parity was the price per bushel, bale, pound, or hundredweight that would be necessary for a unit of a commodity MORE

Market Price

Business / Agriculture / Market Price: The price per bushel (or pound or hundredweight) of an agricultural commodity paid in the private sector. It can sometimes refer to the price paid at domestic seaports or large inland terminal markets MORE

Payment Rate

Business / Agriculture / Payment Rate: Generally, the amount paid per unit of production (i.e., bushel, pound, hundredweight) to each participating farmer for eligible production under commodity income and price support programs. MORE

Loan Rate

Business / Agriculture / Loan Rate: The price per unit (bushel, bale, pound, or hundredweight, depending on the commodity) at which the government will provide nonrecourse or recourse loans to farmers (or associations acting on their be MORE

Yield

Business / Agriculture / Yield: The number of bushels (or pounds or hundredweight) that a farmer harvests per acre. Under the Food Security Act of 1985, the farm program payment yield was the farmer’s average yield for the 1981-19 MORE

Projected Yield

Business / Agriculture / Projected Yield: The number of bushels (or pounds or hundredweight) per acre that, based on current weather estimates and other factors, USDA analysts estimate farmers will harvest. MORE

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