Shared Flashcard Set

Details

Ag Policy
Acu Ag Class
12
Agriculture
Undergraduate 4
01/31/2013

Additional Agriculture Flashcards

 


 

Cards

Term
WTO
Definition
world trade orginization
Term
CCC
Definition
commodity credit corporation 
Term
CDC
Definition
Center for Diese control
Term
Policy
Definition
Guiding principle leading us to a course of action or specific program that is pursued by the government. 
Term
Agri- Food Policy
Definition
embodies the principles that will guide good programs
Term
What does Ag Policy influence
Definition
  • Production
  • Resources that are used
  • domestic and world food markets
  • nutrition of foods
  • safety of foods
  • conditions under which family farms operate
Term
How often is the farm bill revised?
Definition
every 1-7 years
Term
Forces of change in policy
Definition
  • Instability in Farm Prices
  • Globalization
  • Technology
  • Food Safety
  • Environmental issues
  • Industrialization
  • politics
  • unforeseen events
Term

Types of family farms

Small

Definition
  1. Sales less than 250k
  2. low sales less than 100k
  3. medium sales 100-250k
Term

Types of Family Farms

Large

Definition
  • Sales greater than 250k
  • large sales 250-500k
  • very large sales >500k
Term
Percentages of farms
Definition
  • 90% of family farms are small- 25% of production
  • large scale produce 50% of total ag product
  • on average, > 250k 50% dont make a profit
  • profit level is 10-20% 
Term
Median household income
Definition
  • median income is 44k
  • low sales-39k
  • medium sales- 61k
  • large sales 99k
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