Source: https://www.law.cornell.edu/uscode/text/7/7237
Timestamp: 2016-09-26 17:24:11
Document Index: 663230295

Matched Legal Cases: ['§ 7237', '§ 7237', '§ 7237', '§\u202f7237', '§\u202f137', '§\u202f101', '§\u202f1126', '§\u202f101', '§\u202f1126', '§\u202f101', '§\u202f1126', 'art 1421']

7 U.S. Code § 7237 - Availability of recourse loans for high moisture feed grains and seed cotton and other fibers | US Law | LII / Legal Information Institute
U.S. Code › Title 7 › Chapter 100 › Subchapter III › § 7237 7 U.S. Code § 7237 - Availability of recourse loans for high moisture feed grains and seed cotton and other fibers
§ 7237.
Availability of recourse loans for high moisture feed grains and seed cotton and other fibers
(1) Recourse loans availableFor each of the 1996 through 2002 crops of corn and grain sorghum, the Secretary shall make available recourse loans, as determined by the Secretary, to producers on a farm containing eligible cropland covered by a production flexibility contract who—
(2) Eligibility of acquired feed grainsA loan under this subsection shall be made on a quantity of corn or grain sorghum of the same crop acquired by the producer equivalent to a quantity determined by multiplying—
the lower of the farm program payment yield or the actual yield on a field, as determined by the Secretary, that is similar to the field from which the corn or grain sorghum was obtained.
(3) “High moisture state” defined
In this subsection, the term “high moisture state” means corn or grain sorghum having a moisture content in excess of Commodity Credit Corporation standards for marketing assistance loans made by the Secretary under section 7231 of this title.
(Pub. L. 104–127, title I, § 137, Apr. 4, 1996, 110 Stat. 912; Pub. L. 105–277, div. A, § 101(a) [title XI, § 1126], Oct. 21, 1998, 112 Stat. 2681, 2681–46.)
1998—Pub. L. 105–277, § 101(a) [title XI, § 1126(1)], inserted “and other fibers” after “seed cotton” in section catchline.
Subsecs. (c), (d). Pub. L. 105–277, § 101(a) [title XI, § 1126(2), (3)], added subsec. (c) and redesignated former subsec. (c) as (d).
This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.7 CFR - Agriculture7 CFR Part 1421 - GRAINS AND SIMILARLY HANDLED COMMODITIES—MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS FOR 2008 THROUGH 2012