Definitions.

CFR · 2024-01-01 · US · Title 7

(a) The terms defined in part 718 of this title are applicable to this part and all documents issued in accordance with this part, except as otherwise provided in this section. (b) The following definitions are also applicable to this part: (1) Capital, which includes: (i) Arranging financing and managing capital; (ii) Acquiring equipment; (iii) Acquiring land or negotiating leases; (iv) Managing insurance; and (v) Managing participation in USDA programs; (2) Labor, which includes hiring and managing of hired labor; and (3) Agronomics and marketing, which includes: (i) Selecting crops and making planting decisions; (ii) Acquiring and purchasing crop inputs; (iii) Managing crops (that is, whatever managerial decisions are needed with respect to keeping the growing crops living and healthy—soil fertility and fertilization, weed control, insect control, irrigation if applicable) and making harvest decisions; and (iv) Pricing and marketing of crop production. (1) Habitat for threatened, endangered, or at-risk species; (2) Historical or cultural resources; (3) Native grasslands; (4) Unique wetlands; (5) Rare, unique, or related soils; and (6) Critical groundwater recharge areas. (1) Owner, lessor, or lessee of the land in the farming operation; (2) An interest in the agricultural products, commodities, or livestock produced by the farming operation; or (3) A member of a joint operation that is an owner, lessor, or lessee of the land in the farming operation or has an interest in t

official document · source cfr-2024 · id 7:§ 1400.3