Title 7AgricultureRelease 119-73not60

§198 Definitions

Title 7 › Chapter 9— PACKERS AND STOCKYARDS › Subchapter II— PACKERS GENERALLY › Part B— Swine Packer Marketing Contracts › § 198

Last updated Apr 3, 2026|Official source

Summary

Defines key words used in this part. Market means the sale or transfer of swine, pork, or pork products in commerce. Packer is defined by section 1635i. Pork is the meat of a pig. Pork product is anything made wholly or partly from pork. State means each of the 50 States. Swine means pigs raised as feeder pigs, for breeding (seedstock), or for slaughter. Type of contract groups kinds of purchase deals for swine by how the base price is set (different market or formula methods and other purchase types) and by whether there is an accrual account or ledger that must be repaid by the party who benefits. If a word is not defined here, it uses the meaning in sections 1635a or 1635i unless this part says otherwise.

Full Legal Text

Title 7, §198

Agriculture — Source: USLM XML via OLRC

Except as provided in section 198b(a) of this title, in this part:
(1)The term “market” means the sale or disposition of swine, pork, or pork products in commerce.
(2)The term “packer” has the meaning given the term in section 1635i of this title.
(3)The term “pork” means the meat of a porcine animal.
(4)The term “pork product” means a product or byproduct produced or processed in whole or in part from pork.
(5)The term “State” means each of the 50 States.
(6)The term “swine” means a porcine animal raised to be a feeder pig, raised for seedstock, or raised for slaughter.
(7)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.
(8)Except as provided in this part, a term has the meaning given the term in section 1635a or 1635i of this title.

Legislative History

Notes & Related Subsidiaries

Termination of SectionFor termination of section by section 942 of Pub. L. 106–78, see Livestock Mandatory Reporting note set out under section 1635 of this title.

Statutory Notes and Related Subsidiaries

Termination Date Section to terminate Mar. 14, 2025, see section 942 of Pub. L. 106–78, set out in a Livestock Mandatory Reporting note under section 1635 of this title.

Reference

Citations & Metadata

Citation

7 U.S.C. § 198

Title 7Agriculture

Last Updated

Apr 3, 2026

Release point: 119-73not60