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United States Department of Agriculture
Industry: Government
Number of terms: 41534
Number of blossaries: 0
Company Profile:
A term used for a collection of concerns over the alleged deterioration in forest conditions, including both current problems (e.g., insect and disease infestations, wildfires, and related tree mortality) and risks of future problems (e.g., too many small-diameter trees (overstocking), excessive biomass, and an unnatural mix of tree species in mixed stands).
Industry:Agriculture
Land and resource management plans for units of the National Forest System under the National Forest Management Act. The Act specifies a detailed process and numerous requirements, including public participation and periodic revision, intended to achieve multiple use in the national forests.
Industry:Agriculture
The largest USDA agency in terms of employees (about 37,000) with responsibility for administering the National Forest System, for providing financial and technical forestry assistance to states and to private landowners under State and Private Forestry, and for conducting Forestry Research.
Industry:Agriculture
A classification of land use in the Natural Resources Inventory (NRI). It includes areas where trees cover at least 10% of the land and must be at least an acre in size. Forestland was found on 395 million acres, almost 30% of all private lands, in the 1992 NRI.
Industry:Agriculture
Initiated in 1975 as an independent program and currently administered by the Natural Resources Conservation Service, FIP provides financial assistance for up to 65% of the cost of tree planting and timber stand improvement on private forest stands of less than 1,000 acres. Payments are limited to $10,000 per year. More than 4,500 forest owners with 165,000 acres participated in 1995. The program now is authorized under the Cooperative Forestry Assistance Act of 1978, as amended.
Industry:Agriculture
Federal dollars distributed to the land grant colleges of agriculture through formulas found in the Hatch Act, the Smith-Lever Act, the McIntire-Stennis Act, and the Evans-Allen Act for (1) agricultural research at the state agricultural experiment stations, (2) extension programs and (3) forestry research at the land grant colleges of agriculture, and (4) research at the 1890 institutions, respectively.
Industry:Agriculture
An arrangement where a buyer and seller agree in advance on the price to be paid for a product delivered in the future, based upon a pre-determined calculation. For example, a packer might agree to pay a hog producer the average cash market price on the day the hogs will be delivered, plus a 2-cent per-pound premium. Such transactions have been used widely in agriculture, particularly for livestock. Users believe that formula pricing brings efficiency and predictability to market transactions. However, as the use of formula pricing expands, fewer animals are sold in cash markets, where prices are more widely reported and understood by producers. Some of these producers believe that formula pricing makes it harder to determine the true value of their animals in the marketplace, and creates greater opportunity for buyers to manipulate and pay lower prices.
Industry:Agriculture
A method of negotiating tariff reductions using an agreed-upon formula applied to tariff rates (with limited exceptions being granted for very sensitive items) by all contracting parties.
Industry:Agriculture
A cash transaction common in many industries, including agricultural commodity merchandising, in which a commercial buyer and seller agree upon delivery of a specified quality and quantity of goods at a specified future date. A price may be agreed upon in advance, or there may be agreement that the price will be determined at the time of delivery. Forward contracts, in contrast to futures contracts, are privately negotiated and are not standardized.
Industry:Agriculture
This refers to informal (non-exchange) trading of commodities to be delivered at a future date. Contracts for forward delivery are "personalized" (i.e., delivery time and amount are determined between seller and customer).
Industry:Agriculture