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Actual Production History
In United States federal agricultural law, the terminology Actual Production History (APH) denotes a record of an agricultural producer’s crop yields over a multi-year period. Such records are used by the Federal Crop Insurance Corporation The Federal Crop Insurance Corporation (FCIC) is a wholly owned government corporation managed by the Risk Management Agency of the United States Department of Agriculture. FCIC manages the federal crop insurance program, which provides U.S. far ... to determine “normal” production levels for a producer. The term "Actual Production History insurance" is used synonymously with Multi-Peril Crop Insurance. References *{{CRS, article = Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition, url = http://ncseonline.org/nle/crsreports/05jun/97-905.pdf, author= Jasper Womach Agriculture in the United States ...
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Agricultural Policy Of The United States
The agricultural policy of the United States is composed primarily of the periodically renewed federal U.S. farm bills. The Farm Bills have a rich history which initially sought to provide income and price support to US farmers and prevent them from adverse global as well as local supply and demand shocks. This implied an elaborate subsidy program which supports domestic production by either direct payments or through price support measures. The former incentivizes farmers to grow certain crops which are eligible for such payments through environmentally conscientious practices of farming. The latter protects farmers from vagaries of price fluctuations by ensuring a minimum price and fulfilling their shortfalls in revenue upon a fall in price. Lately, there are other measures through which the government encourages crop insurance and pays part of the premium for such insurance against various unanticipated outcomes in agriculture. According to the United States Department of Agri ...
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Crop Yield
In agriculture, the yield is a measurement of the amount of a crop grown, or product such as wool, meat or milk produced, per unit area of land. The seed ratio is another way of calculating yields. Innovations, such as the use of fertilizer, the creation of better farming tools, new methods of farming and improved crop varieties, have improved yields. The higher the yield and more intensive use of the farmland, the higher the productivity and profitability of a farm; this increases the well-being of farming families. Surplus crops beyond the needs of subsistence agriculture can be sold or bartered. The more grain or fodder a farmer can produce, the more draft animals such as horses and oxen could be supported and harnessed for labour and production of manure. Increased crop yields also means fewer hands are needed on farm, freeing them for industry and commerce. This, in turn, led to the formation and growth of cities, which then translated into an increased demand for foodstuf ...
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Federal Crop Insurance Corporation
The Federal Crop Insurance Corporation (FCIC) is a wholly owned government corporation managed by the Risk Management Agency of the United States Department of Agriculture. FCIC manages the federal crop insurance program, which provides U.S. farmers and agricultural entities with crop insurance protection. Background During the 1930s, farmers thought they were safe during the Great Depression because they could provide food for themselves. That changed quickly when the Dust Bowl drought made it difficult for farmers to produce any crops during this time. By not being able to produce these essential crops, they lacked necessary food for themselves and were unable to make money off of the crops. In order to help America recover from the Great Depression, President Franklin D. Roosevelt started the New Deal, which was a plan compiled of federal programs, including several focused on farming. History The Federal Crop Insurance Corporation was a program created to carry out the ...
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