Home > Term: direct payments
direct payments
Payments (usually in cash but sometimes in commodity certificates) made directly to producers in conjunction with participation in commodity support or other programs. Under the FAIR Act of 1996, participating producers receive production flexibility contract payments, which replace deficiency payments. Also, producers receive direct payments under conservation reserve contracts.
- Part of Speech: noun
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
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