Home/All Topics/Law as Amended §1502. Purpose; definitions; protection of information; relation to other laws (a) Purpose It is the purpose of this subchapter to promote the national welfare by improving the economic stability of agriculture through a sound system of crop insurance and providing the means for the research and experience helpful in devising and…

Home/All Topics/Law as Amended §9081. Supplemental agricultural disaster assistance (a) Definitions In this section: (1) Covered producer The term “covered producer” means an eligible producer on a farm that is- (A) as determined by the Secretary- (i) a beginning farmer or rancher; (ii) a socially disadvantaged farmer or rancher; or (iii) a limited resource farmer…

Home/All Topics/Law as Amended §9051. Definitions In this part: (1) Actual dairy production margin The term “actual dairy production margin” means the difference between the all-milk price and the average feed cost, as calculated under section 9052 of this title. (2) All-milk price The term “all-milk price” means the average price received, per hundredweight of…

Home/All Topics/Law as Amended §7272. Sugar program (a) Sugarcane The Secretary shall make loans available to processors of domestically grown sugarcane at a rate equal to- (1) 18.00 cents per pound for raw cane sugar for the 2008 crop year; (2) 18.25 cents per pound for raw cane sugar for the 2009 crop year; (3)…

Home/All Topics/Law as Amended §9037. Special marketing loan provisions for upland cotton (a) Special import quota (1) Definition of special import quota In this subsection, the term “special import quota” means a quantity of imports that is not subject to the over-quota tariff rate of a tariff-rate quota. (2) Establishment (A) In general The President…

Home/All Topics/Law as Amended §9034. Repayment of loans (a) General rule The Secretary shall permit the producers on a farm to repay a marketing assistance loan under section 9031 of this title for a loan commodity (other than upland cotton, long grain rice, medium grain rice, extra long staple cotton, peanuts and confectionery and each…

Home/All Topics/Law as Amended §9031. Availability of nonrecourse marketing assistance loans for loan commodities (a) Definition of loan commodity In this subchapter, the term “loan commodity” means wheat, corn, grain sorghum, barley, oats, upland cotton, extra long staple cotton, long grain rice, medium grain rice, peanuts, soybeans, other oilseeds, graded wool, nongraded wool, mohair, honey,…

Home/All Topics/Law as Amended §1308–3a. Adjusted gross income limitation (a) Definitions (1) Average adjusted gross income In this section, the term “average adjusted gross income”, with respect to a person or legal entity, means the average of the adjusted gross income or comparable measure of the person or legal entity over the 3 taxable years…

Home/All Topics/Law as Amended §1308. Payment limitations (a) Definitions In this section through section 1308–5 of this title: (1) Covered commodity The term “covered commodity” has the meaning given that term in section 1111 of the Agricultural Act of 2014 (7 U.S.C. 9011). (2) Family member The term “family member” means a person to whom…

Home/All Topics/Law as Amended §1308. Payment limitations (a) Definitions In this section through section 1308–5 of this title: (1) Covered commodity The term “covered commodity” has the meaning given that term in section 1111 of the Agricultural Act of 2014 (7 U.S.C. 9011). (2) Family member The term “family member” means a person to whom…

Home/All Topics/Law as Amended §9017. Agriculture risk coverage (a) Agriculture risk coverage payments If all of the producers on a farm make the election under section 9015(a) of this title to obtain agriculture risk coverage, the Secretary shall make agriculture risk coverage payments (beginning with the 2019 crop year, based on the physical location of…

Home/All Topics/Law as Amended §9016. Price loss coverage (a) Price loss coverage payments If all of the producers on a farm make the election under subsection (a) or (h) of section 9015 of this title to obtain price loss coverage or, subject to subsection (c)(1) of such section, are deemed to have made such election…