Poundage quota

Poundage quota

A quantitative limit on the amount of a commodity that can be marketed (also called a marketing quota) under the provisions of a permanent law. Once a common feature of price support programs, this supply control mechanism now only restricts the production and/or sale of tobacco and peanuts.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Agriculture
Category: Agricultural programs & laws
Company: USDA
Product:
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