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TeachMeFinance.com - explain Grazing fee Grazing fee The term 'Grazing fee ' as it applies to the area of agriculture can be defined as ' A charge, usually on a monthly basis, for grazing a specific kind of livestock. For federal lands, the grazing fee is based on a formula found in the Public Rangelands Improvement Act (PRIA). The federal grazing fee is equal to a base fee of [$1.23 x the Forage Value Index (FVI)] + [the Beef Price Index (BPI)] - [the Prices Paid Index (PPI)] ¸ [100] and is charged per animal unit month'. Previous 5 Terms: Gray (Gy) Gray water Graybody grayling Grazing district Next 5 Terms: Grazing Lands Conservation Initiative (GLCI) Grazing permit-license-lease Grazing preference Grazing privilege GRDL 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.