7 U.S.C. § 7932
Sections in this chapter
- § 7901
- § 7911
- § 7912
- § 7913
- § 7914
- § 7915
- § 7916
- § 7917
- § 7918
- § 7931
- § 7932
- § 7933
- § 7934
- § 7935
- § 7936
- § 7937
- § 7938
- § 7939
- § 7951
- § 7952
- § 7953
- § 7954
- § 7955
- § 7956
- § 7957
- § 7958
- § 7959
- § 7960
- § 7971
- § 7981
- § 7982
- § 7983
- § 7984
- § 7991
- § 7992
- § 7993
- § 7994
- § 7995
- § 7996
- § 7997
- § 7998
- § 7999
- § 8000
- § 8001
- § 8002
§ 7932. Loan rates for nonrecourse marketing assistance loans
- (a) For purposes of the 2002 and 2003 crop years, the loan rate for a marketing assistance loan under section 7931 of this title for a loan commodity shall be equal to the following:
- (1) In the case of wheat, $2.80 per bushel.
- (2) In the case of corn, $1.98 per bushel.
- (3) In the case of grain sorghum, $1.98 per bushel.
- (4) In the case of barley, $1.88 per bushel.
- (5) In the case of oats, $1.35 per bushel.
- (6) In the case of upland cotton, $0.52 per pound.
- (7) In the case of extra long staple cotton, $0.7977 per pound.
- (8) In the case of rice, $6.50 per hundredweight.
- (9) In the case of soybeans, $5.00 per bushel.
- (10) In the case of other oilseeds, $.0960 per pound for each of the following kinds of oilseeds:
- (A) Sunflower seed.
- (B) Rapeseed.
- (C) Canola.
- (D) Safflower.
- (E) Flaxseed.
- (F) Mustard seed.
- (G) Crambe.
- (H) Sesame seed.
- (I) Other oilseeds designated by the Secretary.
- (11) In the case of graded wool, $1.00 per pound.
- (12) In the case of nongraded wool, $0.40 per pound.
- (13) In the case of mohair, $4.20 per pound.
- (14) In the case of honey, $0.60 per pound.
- (15) In the case of dry peas, $6.33 per hundredweight.
- (16) In the case of lentils, $11.94 per hundredweight.
- (17) In the case of small chickpeas, $7.56 per hundredweight.
- (b) For purposes of the 2004 through 2007 crop years, the loan rate for a marketing assistance loan under section 7931 of this title for a loan commodity shall be equal to the following:
- (1) In the case of wheat, $2.75 per bushel.
- (2) In the case of corn, $1.95 per bushel.
- (3) In the case of grain sorghum, $1.95 per bushel.
- (4) In the case of barley, $1.85 per bushel.
- (5) In the case of oats, $1.33 per bushel.
- (6) In the case of upland cotton, $0.52 per pound.
- (7) In the case of extra long staple cotton, $0.7977 per pound.
- (8) In the case of rice, $6.50 per hundredweight.
- (9) In the case of soybeans, $5.00 per bushel.
- (10) In the case of other oilseeds, $.0930 per pound for each of the following kinds of oilseeds:
- (A) Sunflower seed.
- (B) Rapeseed.
- (C) Canola.
- (D) Safflower.
- (E) Flaxseed.
- (F) Mustard seed.
- (G) Crambe.
- (H) Sesame seed.
- (I) Other oilseeds designated by the Secretary.
- (11) In the case of graded wool, $1.00 per pound.
- (12) In the case of nongraded wool, $0.40 per pound.
- (13) In the case of mohair, $4.20 per pound.
- (14) In the case of honey, $0.60 per pound.
- (15) In the case of dry peas, $6.22 per hundredweight.
- (16) In the case of lentils, $11.72 per hundredweight.
- (17) In the case of small chickpeas, $7.43 per hundredweight.
- (c) The Secretary shall establish a single loan rate in each county for each kind of other oilseeds described in subsections (a)(10) and (b)(10).
- (d) The loan rate for dry peas, lentils, and small chickpeas shall be based on—
- (1) in the case of dry peas, United States feed peas;
- (2) in the case of lentils, United States number 3 lentils; and
- (3) in the case of small chickpeas, United States number 3 small chickpeas that drop below a 20/64 screen.
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