Examlex
Explain the difference between acceptable quality level and total quality control.
Price Supports
Government interventions to maintain the market price of an agricultural commodity at a predetermined level to ensure income stability for farmers.
Freedom to Farm Act
A U.S. federal law enacted in 1996 aimed at reducing government control over farming operations and subsidy payments, allowing farmers more freedom to make planting decisions.
Price Loss Coverage
A safety net program in agriculture that makes payments to producers when the market price of a covered commodity falls below a reference price.
Insurance Payment
Money paid by an insurer to cover losses as specified in an insurance policy.
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