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TeachMeFinance.com - explain Contract acreage Contract acreage The term 'Contract acreage ' as it applies to the area of agriculture can be defined as ' Enrolled 1996 commodity base acreage under the FAIR Act of 1996 for wheat, feed grains, upland cotton, and rice (generally fixed for 1996 through 2002). A farmer may voluntarily choose to reduce contract acreage in subsequent years. Land leaving the CRP may be entered into a production flexibility contract if the land was previously commodity base acreage'. Previous 5 Terms: Contour map Contour mining Contour plowing Contour strip farming Contract Next 5 Terms: Contract commodity Contract for future sale Contract payments under AMTA Contract price Contract production 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.