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TeachMeFinance.com - explain Intermediate agricultural products Intermediate agricultural products The term 'Intermediate agricultural products ' as it applies to the area of agriculture can be defined as ' Generally refers to agricultural products that have a higher per-unit value than bulk commodities; they are often partly processed but not necessarily ready for the consumers. Examples might include soybean meal, wheat flour, vegetable oils, feeds and fodders, animal fats, hides and skins, live animals, and sweeteners such as sugars. Applied to trade policy, intermediate products are one of three categories of agricultural products used by the Foreign Agricultural Service to report export and import data under its BICO system (the others are bulk and consumer-oriented agricultural products). The agricultural trade title (Title II) of the FAIR Act of 1996 permits the Secretary of Agriculture to make available up to $100 million annually of Export Enhancement Program funds for the sale of intermediate agricultural products'. Previous 5 Terms: Interlock Interlocking directorates Intermediary Intermediary Hearing Intermediary-Program Safeguard Contractor Determination Next 5 Terms: Intermediate Care Facility-Mentally Retarded intermediate crown class Intermediate duration exposure Intermediate Entities Intermediate Export Credit Guarantee Program (GSM-103) 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.