Copyright © Philip M. Parker, INSEAD. Terms of Use.
| Domain | Definition |
Agriculture | Some $36 billion in payments to be made to farmers for contract crops for fiscal years 1996-2002 under Title I of the FAIR Act of 1996, known as the Agricultural Market Transition Act (AMTA). The total amount made available for each fiscal year is specified in the Act and allocated to commodities each fiscal year using a set of percentages also specified in the Act. These percentages were based on the Congressional Budget Office's February 1995 baseline forecast of what deficiency payments would have been if provisions in effect for the 1995 crop had been extended. For example, for fiscal 1997, the total allocation for wheat is 26.26% of total annual payments of $5.385 billion, or $1.414 billion. The annual payment rate for wheat equals total spending ($1.414 billion) divided by the sum of all individual wheat payment contract quantities for the year. As with other program commodities, an individual farm's payment quantity equals the farm's program payment yield multiplied by 85% of the farms wheat contract acreage. Program yields under the 1996 Act are determined in the same manner as under the 1949 Act for 1995 crops. An individual farmer's transition payment is the payment quantity times the annual payment rate. The payment is made by September 30 of each of the fiscal years 1996 through 2002. Producers may also choose to receive 50% of the contract payment in December or January of the fiscal year. Farmers have near total planting flexibility on the contract acres (the exception being fruits and vegetables) as well as on the remainder of the farm. (references) |
Source: compiled by the editor from various references; see credits. | |
Hexadecimal (or equivalents, 770AD-1900s) (references)43 4F 4E 54 52 41 43 54 50 41 59 4D 45 4E 54 53 55 4E 44 45 52 41 4D 54 41 |
| Leonardo da Vinci (1452-1519; backwards) (references)
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Binary Code (1918-1938, probably earlier) (references)01000011 01001111 01001110 01010100 01010010 01000001 01000011 01010100 00100000 01010000 01000001 01011001 01001101 01000101 01001110 01010100 01010011 00100000 01010101 01001110 01000100 01000101 01010010 00100000 01000001 01001101 01010100 01000001 |
HTML Code (1990) (references)C O N T R A C T   P A Y M E N T S   U N D E R   A M T A |
ISO 10646 (1991-1993) (references)0043 004F 004E 0054 0052 0041 0043 0054 0050 0041 0059 004D 0045 004E 0054 0053 0055 004E 0044 0045 0052 0041 004D 0054 0041 |
Encryption (beginner's substitution cypher): (references)37494854523537542503559473948545325548383952235475435 |
| 1. Orthography 2. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
