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7 U.S.C. § 7933 — Loan rates for nonrecourse marketing assistance loans
Federal law — U.S. Code and appendices · legal_authorities
**(a) 2002 and 2003 crop years** For purposes of the 2002 and 2003 crop years, the loan rate for a marketing assistance loan under [section 7931 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7931&num=0&edition=prelim) 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) 2004 through 2007 crop years** For purposes of the 2004 through 2007 crop years, the loan rate for a marketing assistance loan under [section 7931 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7931&num=0&edition=prelim) for a loan commodity shall be equal to the following:
(1) In the case of wheat, $2.75 per bushel.
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Stable record: federal_law:legal_authorities:record_usc_44f31cbcd3dac66da73dd1d0
Source file: Laws/federal/codes/united-states-code/title-7/section-7933-loan-rates-for-nonrecourse-marketing-assistance-loans--acf7421f3f.md
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Passage SHA-256: b2bb91cd440d7dbaa50273d4f69b2db145b116582512fcf13406a7a87800c0a6
Source location: Title 7, Chapter 106, § 7933; chapter-106-commodity-programs.md
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**(a) 2002 and 2003 crop years** For purposes of the 2002 and 2003 crop years, the loan rate for a marketing assistance loan under [section 7931 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7931&num=0&edition=prelim) 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) 2004 through 2007 crop years** For purposes of the 2004 through 2007 crop years, the loan rate for a marketing assistance loan under [section 7931 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7931&num=0&edition=prelim) 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) Single county loan rate for other oilseeds** 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) Quality grades for dry peas, lentils, and small chickpeas** 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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Federal law — U.S. Code and appendices · legal_authorities
**(a) Additional funds for administrative costs**
(1) **In general** — The Secretary of Agriculture, acting through the Farm Service Agency, may use not more than $55,000,000 of funds of the Commodity Credit Corporation to cover administrative costs associated with the implementation of title I and the amendments made by that title.
(2) **Availability** — The funds referred to in paragraph (1) shall remain available to the Secretary until expended.
(3) **Set-aside** — Of the amount specified in paragraph (1), the Secretary shall use not less than $5,000,000, but not more than $8,000,000, to carry out subsection (b).
**(b) Information management**
(1) **Development of system** — The Secretary of Agriculture shall develop a comprehensive information management system, using appropriate technologies, to be used in implementing the programs administered by the Federal Crop Insurance Corporation and the Farm Service Agency.
(2) **Elements** — The information management system developed under this subsection shall be designed to—
(A) improve access by agricultural producers to programs described in paragraph (1);
(B) improve and protect the integrity of the information collected;
(C) meet the needs of the agencies that require the data in the administration of their programs;
(D) improve the timeliness of the collection of the information;
(E) contribute to the elimination of duplication of information collection;
(F) lower the overall cost to the Department of Agriculture for information collection; and
(G) achieve such other goals as the Secretary considers appropriate.
(3) **Reconciliation of current information management** — The Secretary shall ensure that all current information of the Federal Crop Insurance Corporation and the Farm Service A
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 7901
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Federal law — U.S. Code and appendices · legal_authorities
This subchapter shall be effective beginning with the 2002 crop year of each covered commodity through the 2007 crop year.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 7931
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Federal law — U.S. Code and appendices · legal_authorities
Page 2128
TITLE 7—AGRICULTURE
§ 7933
(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 Sec-
retary.
(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 hun-
dredweight.
(16) In the case of lentils, $11.94 per hundred-
weight.
(17) In the case of small chickpeas, $7.56 per
hundredweight.
(b) 2004 through 2007 crop years
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 hundred-
weight.
(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 oil-
seeds:
(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 Sec-
retary.
(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 hun-
dredwe
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 7933
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.