§7951 Definitions

Summary

Defines key words used for the peanut payment programs. Base acres for peanuts means the acres a farm gets assigned by historic peanut producers under section 7952(b). Counter-cyclical payment means a payment made under section 7954. Effective price means the price the Secretary calculates under section 7954 to decide if counter-cyclical payments are needed for a crop year. Direct payment means a payment made under section 7953. Historic peanut producer means someone who grew or was prevented from planting peanuts on a U.S. farm in any of the 1998 through 2001 crop years. Payment acres are 85 percent of a specified average for 2002 and 85 percent of base acres for 2003 through 2007 as set in section 7952. Payment yield means the yield a farm is assigned by historic peanut producers under section 7952(b). Producer means an owner, operator, landlord, tenant, or sharecropper who shares the risk and the crop (or would have). For hybrid seed growers, the Secretary must ignore a hybrid seed contract when deciding producer status and must protect their ability to get payments. Secretary means the Secretary of Agriculture. State includes each State, the District of Columbia, Puerto Rico, and any U.S. territory or possession. United States, geographically, means all of the States. Target price means the price per ton of peanuts used to set the counter-cyclical payment rate.