Home > Terms > Spanish, Latin American (XL) > Decreto Agropecuario de 1970
Decreto Agropecuario de 1970
This Act is P.L. 91-524 (November 30, 1970) which initiated a significant change in commodity support policy. This 3-year farm bill replaced some of the more restrictive and mandatory features of acreage allotments, planting restrictions, and marketing quotas with voluntary annual cropland set-asides and marketing certificate payments to achieve parity prices (the precursor to target prices and deficiency payments). For the first time, the law adopted an annual payment limitation per producer (set at $55,000 per crop). The Act also amended and extended the authority of the Class I differential in federal milk marketing order areas.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
La válvula aórtica
La válvula aórtica es la entrada principal del corazón entre el ventrículo izquierdo y la aorta. La válvula aórtica puede verse afectada por una serie ...
Contributor
Featured blossaries
Browers Terms By Category
- Conferences(3667)
- Event planning(177)
- Exhibition(1)
Convention(3845) Terms
- General Finance(7677)
- Funds(1299)
- Commodity exchange(874)
- Private equity(515)
- Accountancy(421)
- Real estate investment(192)
Financial services(11765) Terms
- Legal documentation(5)
- Technical publications(1)
- Marketing documentation(1)
Documentation(7) Terms
- Industrial automation(1051)
Automation(1051) Terms
- Yachting(31)
- Ship parts(4)
- Boat rentals(2)
- General sailing(1)