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TeachMeFinance.com - explain Acreage Reduction Program (ARP) Acreage Reduction Program (ARP) The term 'Acreage Reduction Program (ARP) ' as it applies to the area of agriculture can be defined as 'A no longer authorized annual cropland retirement program for wheat, feed grains, cotton, or rice in which farmers participating in the commodity programs (in order to be eligible for nonrecourse loans and deficiency payments) were mandated to idle a crop-specific, nationally-set portion of their base acreage during years of surplus. The idled acreage (called the acreage conservation reserve) was devoted to a conserving use. The goal was to reduce supplies, thereby raising market prices. Additionally, idled acres did not earn deficiency payments, thus reducing commodity program costs. ARP was criticized for diminishing the U.S. competitive position in export markets. The FAIR Act of 1996 did not reauthorize authority for ARPs. ARP differed from a set-aside program in that under a set-aside program reductions were based upon current year plantings, and did not require farmers to reduce their plantings of a specific crop'. Previous 5 Terms: Acreage allotment Acreage base (or base acres) Acreage conservation reserve Acreage diversion programs Acreage limitation Next 5 Terms: acre-breadth Acre-foot Acre-foot Acre-foot (ac-ft) acre-foot (acre-ft) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.