Understanding Payment Acres for Peanuts: A Legal Overview

Definition & Meaning

The term "payment acres for peanuts" refers to the specific acreage designated for peanut production that qualifies for government payments under U.S. agricultural programs. According to federal law, for the 2002 crop year, this includes 85 percent of the average acreage determined for a historic peanut producer. For crops from 2003 to 2007, it encompasses 85 percent of the base acres assigned to a farm for peanut production.

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Real-world examples

Here are a couple of examples of abatement:

For instance, if a farmer historically produced peanuts on 100 acres, they would be eligible for payments on 85 acres for the 2002 crop year. In another scenario, if a farm is assigned 200 base acres for peanuts from 2003 to 2007, the farmer would qualify for payments on 170 acres.

Comparison with related terms

Term Definition Key Differences
Base Acres Acreage assigned to a farm for production of specific crops. Base acres are the total assignment, while payment acres are a percentage of that for payments.
Historic Peanut Producer A farmer with a documented history of peanut production. This term focuses on individuals with a proven track record, while payment acres apply broadly to all eligible farms.

What to do if this term applies to you

If you are a peanut farmer and believe you may qualify for payment acres, start by reviewing your historical production data and base acre assignments. You can utilize US Legal Forms to access relevant templates for applications and forms. If your situation is complex, consider seeking advice from a legal professional to ensure you meet all eligibility requirements.

Quick facts

Attribute Details
Typical Payment Percentage 85 percent of designated acres
Relevant Crop Years 2002 to 2007
Governing Law 7 USCS § 7951

Key takeaways

Frequently asked questions

Payment acres are the specific acreage designated for peanut production that qualifies for government payments.