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United States Department of Agriculture
Industry: Government
Number of terms: 41534
Number of blossaries: 0
Company Profile:
The loss of water from the soil both by evaporation and by transpiration from the plants growing in the soil.
Industry:Agriculture
Irrigable land, other than exempt land, owned by any landowner in excess of the maximum acreage limitation (ownership entitlement) under the applicable provision of reclamation law.
Industry:Agriculture
A species that is not native to a region.
Industry:Agriculture
EFNEP is a program of the Cooperative Extension System that operates in all 50 states and U.S. territories. Started in 1965, its purpose is to provide low-income individuals, particularly youth and families with young children, with the knowledge, skills, and desire to adopt and maintain a nutritious diet.
Industry:Agriculture
A permit under the Federal Insecticide, Fungicide, and Rodenticide Act that authorizes the testing of new pesticides or uses thereof in experimental field studies on 10 acres or more of land or one acre or more of water. Such tests provide data to support registration of pesticides.
Industry:Agriculture
This Act is P.L. 96-72 (September 29, 1979) which provides legal authority to the President to control U.S. exports for reasons of national security, foreign policy, and/or short supply. However, the FACT Act of 1990 (P.L. 101-624) provides for contract sanctity by prohibiting the President from restricting the export of any agricultural commodity already under contract for delivery within 270 days from the date the embargo is imposed, except during national emergency or war. With the expiration of EAA in 1994, the President declared a national emergency and exercised authority under the International Emergency Economic Powers Act to continue the EAA export control regulations then in effect by issuing Executive Order 12924 on August 19, 1994, last extended by the Presidential Notice of August 13, 1998.
Industry:Agriculture
Controls applied to exports by an exporting country to limit the amount of goods leaving that country. Such controls usually are applied in time of war or during some other emergency requiring conservation of domestic supplies, as well as to advance foreign policy and national security objectives of the exporting country. The European Union, in 1996, used a licensing system to allocate and restrict exports of wheat because of short supplies and high prices.
Industry:Agriculture
The Commodity Credit Corporation finances export credit guarantee programs for commercial financing of U.S. agricultural exports. The programs finance the sale of exports to buyers in countries where credit is needed but where financing may not be available without CCC guarantees. Two programs back up credit extended by private banks in the United States (or in some instances by the U.S. exporter) to approved foreign banks using dollar-denominated letters of credit to pay for food and agricultural products sold to foreign buyers. The Export Credit Guarantee Program (GSM-102) guarantees credit terms up to 3 years. The Intermediate Export Credit Guarantee Program (GSM-103) guarantees longer term credits up to 10 years. Under these programs, the CCC does not provide financing, but guarantees payments due from foreign banks. Typically, 98% of principal and a portion of interest at an adjustable rate is covered. Because repayment is guaranteed, U.S. financial institutions can offer credit on competitive terms to foreign banks, usually with interest rates based on the London Inter-Bank Offered Rate (LIBOR).
Industry:Agriculture
The Agriculture and Food Act of 1981 authorized a revolving loan fund that would provide short-term and intermediate-term direct credit for export sales of agricultural commodities, breeding animals, and handling facilities in developing markets. Once capitalized, loans would be made from the initial fund and repayments of principal and interest would return to the fund to be revolved as new loans. Money was never appropriated to capitalize the revolving fund and its statutory authority was eliminated in the FACT Act of 1990.
Industry:Agriculture
A program that USDA initiated in May 1985 under the CCC Charter Act to help U.S. exporters meet competitors’ subsidized prices in targeted markets. The program was later authorized by the Food Security Act of 1985; the FACT Act of 1990; the Uruguay Round Agreements Act; and the FAIR Act of 1996. Under the EEP, exporters are awarded cash payments, which enable an exporter to sell certain commodities to specified countries at competitive prices. The FAIR Act of 1996 caps EEP program levels annually through 2002 and allows USDA, under certain conditions, to target up to $100 million annually for the sale of intermediate-value products.
Industry:Agriculture
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