Usual market requirements
Appearance
This article relies largely or entirely on a single source. (April 2021) |
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
[edit]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
[edit]- 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.