Home > Terms > English, UK (UE) > National peanut poundage quota

National peanut poundage quota

A maximum level of peanut production set by the Secretary of Agriculture every year by December 15, it limits the quantity of peanuts that producers can sell for domestic consumption. The national poundage quota is supposed to be set at a level equal to the quantity of peanuts in tons, that the Secretary estimates will be devoted in each marketing year to domestic edible, seed, and related uses. In the last two marketing years, the Secretary has effectively kept production low with the net result of quota holders making more per tonne at the expense of consumers pay more per tonne of peanuts.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Automotive Category: Automobile

Twizy

Twizy is a small two-seat electric city car manufactured in Spain that will be launched in March 2012. There are two versions of this car: the basic ...

Contributor

Featured blossaries

List of highest grossing films

Category: Engineering   1 3 Terms

Corporate Social Responsibility CSR

Category: Business   2 11 Terms