Home > Terms > English, UK (UE) > Production contract
Production contract
These contracts specify who supplies the production inputs, the quality and quantity of the commodity to be produced, and the compensation for the producer. Under some livestock production contracts, the farmer is paid to provide housing and care for the animals until they are ready for market, but the contractor actually owns the animals. In 1997, according to the USDA, about 70% of the value of poultry production was under production contracts, 33% of hogs, and 14% of cattle. See marketing contract.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Quicksilver in Memory of Eddie Aikau competition
Surfing competition held annually in Waimea Bay, Hawaii. The competition will only take place if waves are 20 feet or higher, and this stipulation has ...
Contributor
Featured blossaries
Browers Terms By Category
- Hats & caps(21)
- Scarves(8)
- Gloves & mittens(8)
- Hair accessories(6)
Fashion accessories(43) Terms
- Christmas(52)
- Easter(33)
- Spring festival(22)
- Thanksgiving(15)
- Spanish festivals(11)
- Halloween(3)
Festivals(140) Terms
- Architecture(556)
- Interior design(194)
- Graphic design(194)
- Landscape design(94)
- Industrial design(20)
- Application design(17)
Design(1075) Terms
- General seafood(50)
- Shellfish(1)
Seafood(51) Terms
- Cheese(628)
- Butter(185)
- Ice cream(118)
- Yoghurt(45)
- Milk(26)
- Cream products(11)