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PEANUT PRICE SUPPORT PROGRAM

Specialty Definition: PEANUT PRICE SUPPORT PROGRAM

DomainDefinition

Agriculture

The federal program that supports the farm price of peanuts by offering price support loans to peanut growers and by placing limits on the amount of peanuts allowed to be sold for domestic food use. Farmers may sell peanuts produced in excess of marketing limits (referred to as the peanut poundage quota - one example of a marketing quota), primarily for export and crushing into peanut oil and meal. Two nonrecourse loan levels are available to producers, depending on the end use and destination of the peanuts sold. Peanuts marketed for food use in the United States (quota peanuts) are eligible for a higher loan reflecting the historical price premium associated with selling into the high-value domestic market. The FAIR Act of 1996 freezes the quota loan rate for the 1996-2002 crops at $610 per ton. All other peanuts (called additional peanuts) are eligible for a lower level of support ($175/ton for the 1999 crop) to ensure that the Commodity Credit Corporation does not incur any losses on its peanut loan operations. The 1996 Act also requires that the national peanut poundage quota be set at an amount equal to projected "domestic edible" (food) and related uses (excluding seed). For the 1999 crop, the national quota is set at 1.18 million short tons. Other provisions are designed to make the peanut support program operate as a no cost program. (references)

Source: compiled by the editor from various references; see credits.

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Crosswords: PEANUT PRICE SUPPORT PROGRAM

Specialty definitions using "PEANUT PRICE SUPPORT PROGRAM": Additional peanutsPeanut poundage quotaTwo-tiered pricing. (references)

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Commercial Usage: PEANUT PRICE SUPPORT PROGRAM

DomainTitle

Books

  • Peanut price support program : hearing before the Subcommittee on Specialty Crops and Natural Resources of the Committee on Agriculture, House of Representatives, One Hundred Third Congress, first session, March 10, 1993 (reference)

    (more book examples)

Source: compiled by the editor from various references; see credits.

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Alternative Orthography: PEANUT PRICE SUPPORT PROGRAM


Hexadecimal (or equivalents, 770AD-1900s) (references)

50 45 41 4E 55 54      50 52 49 43 45      53 55 50 50 4F 52 54      50 52 4F 47 52 41 4D

Leonardo da Vinci (1452-1519; backwards) (references)

            

Binary Code (1918-1938, probably earlier) (references)

01010000 01000101 01000001 01001110 01010101 01010100 00100000 01010000 01010010 01001001 01000011 01000101 00100000 01010011 01010101 01010000 01010000 01001111 01010010 01010100 00100000 01010000 01010010 01001111 01000111 01010010 01000001 01001101

HTML Code (1990) (references)

&#80 &#69 &#65 &#78 &#85 &#84 &#32 &#80 &#82 &#73 &#67 &#69 &#32 &#83 &#85 &#80 &#80 &#79 &#82 &#84 &#32 &#80 &#82 &#79 &#71 &#82 &#65 &#77

ISO 10646 (1991-1993) (references)

0050 0045 0041 004E 0055 0054      0050 0052 0049 0043 0045      0053 0055 0050 0050 004F 0052 0054      0050 0052 004F 0047 0052 0041 004D

Encryption (beginner's substitution cypher): (references)

50393548555425052433739253555050495254250524941523547

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INDEX

1. Crosswords
2. Usage: Commercial
3. Orthography
4. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.