Soy: Plant rich in protein, often replaces animal-based foods, soy extracts are reputed for their rejuvenation action on the inside and outside, as well used in anti-aging cosmetic products.

 

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Soy: Plant rich in protein, often replaces animal-based foods, soy extracts are reputed for their rejuvenation action on the inside and outside, as well used in anti-aging cosmetic products.

Roundup Ready Soybeans (RR Soybeans): Genetically engineered glyphosate-tolerant soybeans. Roundup is the trade name for glyphosate, a broad-spectrum herbicide. Farmers planting RR soybeans pay more for the seed, must use certai . . . View Full Definition

Marketing Year: The 12-month period, generally from the beginning of a new harvest, over which a crop is marketed. For example, for wool, mohair, and Hawaiian sugarcane, the marketing year is January 1-Dece . . . View Full Definition

Minor Oilseeds: Oilseed crops other than soybeans and peanuts: usually a reference to the other oilseeds eligible for marketing assistance loans under the FAIR Act of 1996 (sunflower seed, canola, rapeseed, . . . View Full Definition

Marketing Loan Repayment Provisions: A loan settlement provision, first authorized by the Food Security Act of 1985, that allows producers to repay nonrecourse loans at less than the announced loan rates whenever the world pric . . . View Full Definition

Marketing Contract: Prices (or pricing mechanisms) are established for a commodity before harvest or before the commodity is ready for marketing. Most management decisions remain with the grower, who retains ow . . . View Full Definition

Marketing Assistance Loans: Nonrecourse loans made available to producers of wheat, feed grains, upland and ELS cotton, rice, soybeans, and minor oilseeds under the Agricultural Market Transition Act provisions in the . . . View Full Definition

Nonbasic Commodities: Commodities other than basic commodities for which USDA is authorized to provide price support in permanent law. This includes soybeans and other oilseeds, milk, sugar beets, and sugarcane.

Omnibus Trade And Competitiveness Act Of 1988: P.L. 100-418 (August 23, 1988) provided the President with negotiating authority for the General Agreement on Tariffs and Trade (GATT) Uruguay Round, U.S.-Canada Free Trade Agreement, and th . . . View Full Definition

Steagall Amendment Of 1941: P.L. 77-144 (July 1, 1941) required price support for many nonbasic commodities at 85% of parity or higher. In 1942, the minimum rate was increased to 90% of parity and was required to be co . . . View Full Definition