Home > Term: beef price index (BPI)
beef price index (BPI)
An index of the weighted average annual price for beef cattle, excluding calves, for a 16 western state area as compared with a specific base period equal to 100. This index is used in calculating federal grazing fees.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
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