The term “base acres for peanuts” means the number of acres assigned to a farm pursuant to section 7952 of this title, as in effect on September 30, 2007, subject to any adjustment under section 8752 of this title.
The term “base acres”, with respect to a covered commodity, has the meaning given the term in section 8711 of this title.
The term “counter-cyclical payment” means a payment made to producers on a farm under section 8754 [1] of this title.
The term “direct payment” means a direct payment made to producers on a farm under section 8753 1 of this title.
The term “effective price” means the price calculated by the Secretary under section 8754 1 of this title for peanuts to determine whether counter-cyclical payments are required to be made under that section for a crop year.
The term “payment yield” means the yield established for direct payments and the yield established for counter-cyclical payments under section 7952 of this title, as in effect on September 30, 2007, for a farm for peanuts.
The term “producer” means an owner, operator, landlord, tenant, or sharecropper that shares in the risk of producing a crop on a farm and is entitled to share in the crop available for marketing from the farm, or would have shared had the crop been produced.
The term “target price” means the price per ton of peanuts used to determine the payment rate for counter-cyclical payments.
The term “United States”, when used in a geographical sense, means all of the States.