7 USC 198 - Definitions
Except as provided in section 198b (a) of this title, in this part:
(1) Market
The term market means the sale or disposition of swine, pork, or pork products in commerce.
The term market means the sale or disposition of swine, pork, or pork products in commerce.
(3) Pork
The term pork means the meat of a porcine animal.
The term pork means the meat of a porcine animal.
(4) Pork product
The term pork product means a product or byproduct produced or processed in whole or in part from pork.
The term pork product means a product or byproduct produced or processed in whole or in part from pork.
(5) State
The term State means each of the 50 States.
The term State means each of the 50 States.
(6) Swine
The term swine means a porcine animal raised to be a feeder pig, raised for seedstock, or raised for slaughter.
The term swine means a porcine animal raised to be a feeder pig, raised for seedstock, or raised for slaughter.
(7) Type of contract
The term type of contract means the classification of contracts or risk management agreements for the purchase of swine by
The term type of contract means the classification of contracts or risk management agreements for the purchase of swine by
(A) the mechanism used to determine the base price for swine committed to a packer, grouped into practicable classifications by the Secretary (including swine or pork market formula purchases, other market formula purchases, and other purchase arrangements); and
(B) the presence or absence of an accrual account or ledger that must be repaid by the producer or packer that receives the benefit of the contract pricing mechanism in relation to negotiated prices.