net market price
Defined in 1 place of the United States Code.
The term “net market price” means—
(A) except as provided in subparagraph (B), the sales price or other value received by a producer for soybeans after adjustments for any premium or discount based on grading or quality factors, as determined by the Secretary; or
(B) for soybeans pledged as collateral for a loan issued under any price support loan program administered by the Commodity Credit Corporation, the principal amount of the loan.
Source
- 1995–present7 U.S.C. § 6302Agriculture · Definitions · as used in this chapter