- Industry: Government
- Number of terms: 41534
- Number of blossaries: 0
- Company Profile:
An alliance or arrangement among industrial or commercial enterprises or nations aimed at limiting competition or exercising monopoly power in a market.
Industry:Agriculture
The major portion of milk protein, manufactured from skim milk and used in processed foods (such as dessert toppings and coffee whiteners) and in industrial products such as glue, paint and plastics.
Industry:Agriculture
The physical or actual commodity as distinguished from the futures contract. Sometimes called spot commodity, or actuals.
Industry:Agriculture
A farm on which corn, grain sorghum, small grains, soybeans, or field beans and peas account for at least 50 percent of value of products sold
Industry:Agriculture
Refers to cash provided to food program operators (e.g., elderly nutrition programs, child care food programs, and some school food programs) in lieu of mandated commodity assistance. Recipients may use the cash to buy whatever foods they need to operate their meal service programs.
Industry:Agriculture
The market for the cash commodity (as contrasted to a futures contract), taking the form of — (1) an organized, self-regulated central market (e.g., a commodity exchange); (2) a decentralized over-the-counter market; or (3) a local organization, such as a grain elevator or meat processor, which provides a market for a small region.
Industry:Agriculture
The price in the marketplace for actual cash or spot commodities to be delivered via customary market channels.
Industry:Agriculture
A method of settling certain futures contracts or option contracts whereby the seller (or short position) pays the buyer (or long position) the cash value of the commodity traded according to a procedure specified in the contract.
Industry:Agriculture
A component of the federal crop insurance program, authorized by the Federal Crop Insurance Reform Act of 1994, that compensates farmers for crop yield losses exceeding 50% of their average historical yield at a payment rate of 60% of the projected season average market price. CAT coverage requires that a farmer realize a yield loss of more than 50% and only makes payments on losses exceeding the 50-percent threshold. Producers pay no premium for CAT coverage, but except for cases of financial hardship must pay an administrative fee of $50 per crop, up to a maximum of $200 per county and $600 in total (across all counties) for CAT protection. Under the Reform Act of 1994 producers were required to obtain coverage at the CAT (or higher) level for crops of economic significance (accounting for 10% or more of their farm’s crop production value) in order to be eligible for various other USDA program benefits. The FAIR Act of 1996 relaxed this requirement. A producer has the ability to purchase additional insurance coverage beyond CAT coverage, but must pay a premium, partially subsidized by the government, for that additional coverage.
Industry:Agriculture
The approximately 10-year period in which the number of U.S. beef cattle is alternatively expanded and reduced over several consecutive years in response to perceived changes in profitability by producers. Generally, low prices occur when cattle numbers (or beef supplies) are high, precipitating several years of herd liquidation. As cattle numbers decline, prices gradually begin to rise, causing cattle producers to begin adding cattle to their herds. The cycle is relatively long due to the long period of time it takes between the time a cow-calf operator decides to expand a cow herd to breed more beef cattle and the time those animals reach slaughter weight.
Industry:Agriculture
