Home > Term: Revenue Assurance (RA)
Revenue Assurance (RA)
A form of revenue insurance that protects a grower of an insurable crop whenever low prices, low yields, or a combination of both causes revenue to fall below a guaranteed level selected by the producer. It differs from other revenue insurance programs in that it allows a farmer to use the posted county price, rather than a national price, in determining a target level of revenue.
- Part of Speech: noun
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
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