Marketing year
Marketing year refers to the 12-month period, generally from the beginning of a new harvest, over which a crop is marketed. For example, in the United States, for wool, mohair, and Hawaiian sugarcane, the marketing year is January 1-December 31; for honey, it is April 1-March 31; for wheat, barley, and oats, it is June 1-May 31; for flue-cured tobacco, it is July 1-June 30; for cotton, peanuts, and rice, it is August 1-July 31; for sugar beets, it is September 1-August 31; for corn, sorghum, soybeans, mainland sugarcane, all tobacco but flue-cured, and milk, it is September 1- August 31.
The crop marketing year beginning and ending dates are published by National Agricultural Statistics Service in the Agricultural Prices annual summary. In contrast, the crop year is the calendar year during which the crop is harvested.
References
- This article incorporates public domain material from the Congressional Research Service document "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition" by Jasper Womach.