Farm Service Agency. An agency in the U.S. Department of Agriculture responsible for administering farm-commodity, crop-insurance, and resource-conservation programs for farmers and ranchers and for making or guaranteeing farm emergency and operating loans through a network of state and county offices. — Abbr. FSA.
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Rural Housing Service. An agency in the U.S. Department of Agriculture responsible for making or guaranteeing loans for rural housing. — Abbr. RHS.
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Federal Home Loan Bank. One of 12 federally chartered banks created in 1932 to extend secured loans (advances) to savings institutions that are members of the system and to community financial institutions that finance small businesses, small farms, and small agribusinesses. • The banks are supervised by the Federal Housing Finance Board. — Abbr. FHLB.
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crops. Products that are grown, raised, and harvested. • Crops usu. are from the soil, but fruit grown on trees are also considered crops. [Cases: Crops 1. C.J.S. Crops §§ 1–5, 9.] annual crops. 1. Crops that must be planted each year, such as cotton, wheat, barley, corn, carrots, potatoes, and melons. 2. Crops for
allotment system. English law. The practice of dividing land into small portions for cultivation by agricultural laborers and others.
Commodity Credit Corporation. A federally chartered corporation responsible for extending credit in order to stabilize farm income and prices. • Incorporated in Delaware in 1933 and operated in affiliation with the Reconstruction Finance Corporation, it was transferred to the U.S. Department of Agriculture in 1939 and chartered in 1948 as a federal corporation. 15 USCA
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Federal Crop Insurance Corporation. A federally chartered corporation that protects farmers against financial losses from crop failure due to adverse weather conditions, insect infestation, plant disease, floods, fires, and earthquakes by encouraging the sale of insurance through licensed agents and brokers and by reinsuring private companies that issue insurance under brand names. • Created by
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estover (e-stoh-v[schwa]r). (usu. pl.) 1. Wood that a tenant is allowed to take for fuel, the manufacture or repair of agricultural instruments, and the erection and maintenance of fences and hedges; necessary supplies. See common of estovers under COMMON. — Also termed botes. See BOTE(1). 2. The tenant’s right to obtain that wood. 3. ALIMONY.
disciplinary proceeding. An action brought to reprimand, suspend, or expel a licensed professional or other person from a profession or other group because of unprofessional, unethical, improper, or illegal conduct. • A disciplinary proceeding against a lawyer may result in the lawyer’s being suspended or disbarred from practice. [Cases: Licenses 38. C.J.S. Agriculture § 4.5;
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produce (proh-doos), n. The product of natural growth, labor, or capital; esp., agricultural products. produce (pr[schwa]-doos), vb. 1. To bring into existence; to create. 2. To provide (a document, witness, etc.) in response to subpoena or discovery request. 3. To yield (as revenue). 4. To bring (oil, etc.) to the surface of the earth.