Business / Agriculture Glossary

Suspension: A process under the Federal Insecticide, Fungicide, and Rodenticide Act by which the Environmental Protection Agency can suspend the use of a pesticide in order to prevent an imminent hazard . . . View Full Definition

Sustainable Agriculture: A systematic approach to agriculture that focuses on ensuring the long-term productivity of human and natural resources for meeting food and fiber needs. The FACT ACT of 1990 defines sustain . . . View Full Definition

Sustained Yield: An output of renewable resources that does not impair the productivity of the resource: it implies a balance between harvesting and incremental growth or replenishment.

Swampbuster: A provision of the Food Security Act of 1985 that discourages the conversion of wetlands to cropland use. Producers converting a wetland area to cropland lose eligibility for several federal . . . View Full Definition

Sweet Potato Whitefly: An insect pest of cotton, fruit and vegetable, and greenhouse crops. The Animal and Plant Health Inspection Service works cooperatively with producers to implement pest management strategies . . . View Full Definition

T Value (Or T Level): For a specific soil, the maximum average annual soil loss expressed as tons per acre per year that will permit current production levels to be maintained economically and indefinitely: the s . . . View Full Definition

Taking Endangered Or Threatened Species: Taking, in layman’s terms, means killing or removing a plant or animal of a species listed under the Endangered Species Act (ESA), or seriously damaging its chances of reproduction. Except u . . . View Full Definition

Takings (Of Property): The Fifth Amendment to the Constitution, and comparable provisions in state constitutions, bar the 'taking' of private property by government unless just compensation is paid to the property . . . View Full Definition

Talmadge-Aiken Plants: The approximately 250 meat and poultry plants in 10 states where USDA has contracted with state agency inspectors to conduct federal inspection activities. They are now formally known as Fed . . . View Full Definition

Target Price: Price levels established by past law for wheat, corn, grain sorghum, barley, oats, rice, and upland cotton. Prior to 1996, farmers participating in annual federal commodity programs received . . . View Full Definition

Targeted Export Assistance Program (TEA): A program authorized by the Food Security Act of 1985 to assist U.S. producer groups in promoting exports of products adversely affected by foreign governments’ unfair trade practices. TEA i . . . View Full Definition

Targeting: A policy concept under which government farm program benefits would be directed toward specified groups of producers. One example of targeting might be to focus farm payments on small to med . . . View Full Definition

Tariff: A tariff is a list or schedule of taxes, while a duty is the tax imposed on a specific item. However, the terms duty and tariff have come to be used interchangeably. In international trade, . . . View Full Definition

Tariff Act Of 1930: P.L. 71-361, also known as the Smoot-Hawley Act, raised U.S. import tariffs to their highest levels in history, prompting U.S. trading partners to adopt their own retaliatory trade barriers . . . View Full Definition

Tariff Rate Quota: A trade policy tool used to protect a domestically-produced commodity or product from competitive imports. A tariff rate quota (TRQ) combines two policy instruments that nations historically . . . View Full Definition

Tariff Schedule: A list or schedule of duties imposed in the conduct of international trade. The Harmonized Tariff Schedules of the United States (HTSUS) lists the items on which the United States levies a d . . . View Full Definition

Tariffication: The conversion of nontariff barriers to tariffs or tariff-rate quotas.

Taylor Grazing Act Of 1934 (TGA): P.L. 73-482 (June 28, 1934) provides for the regulation of grazing on the public lands (excluding Alaska) to improve rangeland conditions and stabilize the western livestock industry. The la . . . View Full Definition

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