market agency
Defined in 2 dictionaries — Case Law, U.S. Code
Definitions from Case Law
From 356 U.S. 282 - Denver Union Stock Yard Company v. Producers Livestock Marketing Association Benson · 1958Most cited · 149 citing opinions
any person engaged in the business of (1) buying or selling in commerce live stock at a stockyard on a commission basis or (2) furnishing stockyard services
United States Code
7 U.S.C. § 201 — in this chapter (2 versions over time)
The term “market agency” means any person engaged in the business of (1) buying or selling in commerce livestock on a commission basis or (2) furnishing stockyard services. Beginning on October 7, 2016, such term includes any person who engages in the business of buying or selling livestock, on a commission or other fee basis, through the use of online, video, or other electronic methods when handling or providing the means to handle receivables or proceeds from such buying or selling, so long as such person’s annual average of online, video, or electronic sales of livestock, on a commission or other fee basis, exceeds $250,000.