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Usual market requirements

From Wikipedia, the free encyclopedia

The usual market requirements (UMR) of a country are a measure of its import requirement met through commercial purchases. It is usually defined as a five-year average.

Agricultural policy

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The UMR is used to determine whether concessional sales (e.g., under Title I of P.L. 480) will adversely affect normal commercial agricultural trade.

References

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  • Public Domain This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.