Business / Agriculture / Flex Acreage: The Omnibus Budget Reconciliation Act of 1990 mandated that deficiency payments not be made on 15% of a farm’s crop acreage base, called normal flex acres. The acreage could be planted to any program crop (called flexing), but not fruits and vegetables. An additional 10% of the farm’s base acreage could be flexed at the option of the operator. Flexing did not diminish the crop acreage base of a farm. The FAIR Act of 1996 effectively provides total flexibility among all commodities, except for fruits and vegetables.
Search Google for Flex Acreage:
Flex Verb Synonyms: bend, give, stretch, curve
Flex Noun Synonyms: wire, lead, cord, cable, extension
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Business / Agriculture / Permitted Acreage: The acreage on which a farm program participant is permitted to grow a program crop after satisfying acreage reduction requirements. For example, when a 10% acreage reduction program is in effect for MORE
Business / Agriculture / Optional Flex Acreage: Under the planting flexibility provision of the Agricultural Act of 1949, as amended by the FACT Act of 1990, producers could choose to plant up to 25% of the crop acreage base to other CCC-specified MORE
Business / Agriculture / Prevented Planting Acreage: Land on which a farmer intended to plant a program crop or insurable crop, but was unable to because of drought, flood, or other natural disaster. Used in the calculation of disaster payments and crop MORE