§6302 Definitions

Summary

Defines important words used in the chapter. Board — the United Soybean Board. Committee — the Soybean Program Coordinating Committee. Commerce — trade that crosses state lines, goes abroad, or happens within a state. Consumer information — facts that help people buy, prepare, or use soybeans and soybean foods. Department — the Department of Agriculture. First purchaser — the person who buys soybeans from a grower, except when the Commodity Credit Corporation holds soybeans as loan collateral. Industry information — programs and facts to create new markets, better marketing, or more efficiency and to improve the soybean industry's image. Marketing — selling or otherwise moving soybeans or soybean products in trade. Net market price — the price a grower gets after quality adjustments, or the loan principal if soybeans are held as loan collateral. Order — an order issued under the chapter. Person — any individual or business entity. Producer — someone who grows soybeans and owns or shares ownership and risk. Promotion — paid ads, technical help, trade work, or other efforts to boost demand or image. Qualified State soybean board — a state-authorized promotion group, or if none exists, a producer-run group in the state that meets Board-approved criteria. Research — studies to improve soybeans’ marketability, quality, use, or exports. Secretary — the Secretary of Agriculture. Soybean products — items made in whole or in part from soybeans or their by-products. Soybeans — all varieties of Glycine max or Glycine soya. State and United States — the 50 States, the District of Columbia, and Puerto Rico.