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TeachMeFinance.com - explain Honey program Honey program The term 'Honey program ' as it applies to the area of agriculture can be defined as ' Non-recourse marketing loans had long been available to support honey prices until FY1994, when the funding was suspended by provisions in annual appropriations legislation. The FACT Act of 1990 had set honey loan rates at 53.8 cents per pound and permitted deficiency payments. The 1996 FAIR Act repealed the statutory authority for the honey program. A Honey Recourse Loan Program was made available the 1998 crop only through broader emergency spending authority in the FY1999 agriculture appropriations act (P.L. 105-277, October 21, 1998)'. Previous 5 Terms: Homologous Flares Homologous recombination Homology homophobia Homozygote Next 5 Terms: Honey Recourse Loan Program hook Hook Echo hoplology Hopper 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.