7 U.S.C. § 8732
Sections in this chapter
- § 8701
- § 8702
- § 8711
- § 8712
- § 8713
- § 8714
- § 8715
- § 8716
- § 8717
- § 8718
- § 8719
- § 8731
- § 8732
- § 8733
- § 8734
- § 8735
- § 8736
- § 8737
- § 8738
- § 8739
- § 8740
- § 8751
- § 8752
- § 8753
- § 8754
- § 8755
- § 8756
- § 8757
- § 8758
- § 8771
- § 8772
- § 8773
- § 8781
- § 8782
- § 8783
- § 8784
- § 8785
- § 8786
- § 8787
- § 8788
- § 8789
- § 8790
- § 8791
- § 8792
- § 8793
§ 8732. Loan rates for nonrecourse marketing assistance loans
- (a) For purposes of the 2008 crop year, the loan rate for a marketing assistance loan under section 8731 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 base quality 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 long grain rice, $6.50 per hundredweight.
- (9) In the case of medium grain rice, $6.50 per hundredweight.
- (10) In the case of soybeans, $5.00 per bushel.
- (11) In the case of other oilseeds, $9.30 per hundredweight 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.
- (12) In the case of dry peas, $6.22 per hundredweight.
- (13) In the case of lentils, $11.72 per hundredweight.
- (14) In the case of small chickpeas, $7.43 per hundredweight.
- (15) In the case of graded wool, $1.00 per pound.
- (16) In the case of nongraded wool, $0.40 per pound.
- (17) In the case of mohair, $4.20 per pound.
- (18) In the case of honey, $0.60 per pound.
- (b) Except as provided in section 8715 1 1 See References in Text note below. of this title, for purposes of the 2009 crop year, the loan rate for a marketing assistance loan under section 8731 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 base quality 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 long grain rice, $6.50 per hundredweight.
- (9) In the case of medium grain rice, $6.50 per hundredweight.
- (10) In the case of soybeans, $5.00 per bushel.
- (11) In the case of other oilseeds, $9.30 per hundredweight 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.
- (12) In the case of dry peas, $5.40 per hundredweight.
- (13) In the case of lentils, $11.28 per hundredweight.
- (14) In the case of small chickpeas, $7.43 per hundredweight.
- (15) In the case of large chickpeas, $11.28 per hundredweight.
- (16) In the case of graded wool, $1.00 per pound.
- (17) In the case of nongraded wool, $0.40 per pound.
- (18) In the case of mohair, $4.20 per pound.
- (19) In the case of honey, $0.60 per pound.
- (c) Except as provided in section 8715 1 of this title, for purposes of each of the 2010 through 2012 crop years, the loan rate for a marketing assistance loan under section 8731 of this title for a loan commodity shall be equal to the following:
- (1) In the case of wheat, $2.94 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, $1.95 per bushel.
- (5) In the case of oats, $1.39 per bushel.
- (6) In the case of base quality 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 long grain rice, $6.50 per hundredweight.
- (9) In the case of medium grain rice, $6.50 per hundredweight.
- (10) In the case of soybeans, $5.00 per bushel.
- (11) In the case of other oilseeds, $10.09 per hundredweight 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.
- (12) In the case of dry peas, $5.40 per hundredweight.
- (13) In the case of lentils, $11.28 per hundredweight.
- (14) In the case of small chickpeas, $7.43 per hundredweight.
- (15) In the case of large chickpeas, $11.28 per hundredweight.
- (16) In the case of graded wool, $1.15 per pound.
- (17) In the case of nongraded wool, $0.40 per pound.
- (18) In the case of mohair, $4.20 per pound.
- (19) In the case of honey, $0.69 per pound.
- (d) The Secretary shall establish a single loan rate in each county for each kind of other oilseeds described in subsections (a)(11), (b)(11), and (c)(11).
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