Established Farmer Law and Legal Definition
According to 7 CFR 761.2 [Title 7 – Agriculture; Subtitle B Regulations of The Department of Agriculture; Chapter VII Farm Service Agency, Department of Agriculture; Subchapter D Special Programs; Part 761 General Program Administration; Subpart A General Provisions], established farmer is “a farmer who operates the farm (in the case of an entity, its members as a group) who: (1) Actively participated in the operation and the management, including, but not limited to, exercising control over, making decisions regarding, and establishing the direction of, the farming operation at the time of the disaster; (2) Spends a substantial portion of time in carrying out the farming operation; (3) Planted the crop, or purchased or produced the livestock on the farming operation; (4) In the case of an entity, is primarily engaged in farming and has over 50 percent of its gross income from all sources from its farming operation based on the operation's projected cash flow for the next crop year or the next 12-month period, as mutually determined; and (5) Is not: (i) An entity whose members are themselves entities; (ii) An integrated livestock, poultry, or fish processor who operates primarily and directly as a commercial business through contracts or business arrangements with farmers, except a grower under contract with an integrator or processor may be considered an established farmer, provided the farming operation is not managed by an outside full-time manager or management service and Agency loans shall be based on the applicant's share of the agricultural production as set forth in the contract; or (iii) An operation which employs a full time farm manager.”
Legal Definition list
Related Legal Terms
- Clearly Established Federal Law
- Direct Marketing from Farmers to Consumers
- Domestic Farmer’s Mutual Fire Insurance Companies
- Established Business Relationship
- Established Customer
- Established Depository Institution
- Established Federal Standard
- Established Market Price
- Family Farmer (Bankruptcy)
- Family Farmer With Regular Annual Income