Title 7 › Chapter 113— AGRICULTURAL COMMODITY SUPPORT PROGRAMS › § 8702
Defines key words used for farm payment programs and related rules. Average crop revenue election payment — a payment to farm producers under the program. Base acres — the number of acres for a covered commodity as set under section 7911 as in effect on September 30, 2007, with any changes under section 8711; base acres for peanuts — defined in section 8751. Counter‑cyclical payment — a payment to producers when prices are low. Covered commodity — covers 11 types, including wheat, corn, cotton, rice (long and medium), soybeans, pulse crops, and other oilseeds. Direct payment — a regular payment to producers. Effective price — the price the Secretary calculates to tell if counter‑cyclical payments are needed. Extra long staple cotton — a special cotton type from Barbadense varieties or similar, grown in Secretary‑designated areas and ginned on roller gins or other approved gins for experiments. Loan commodity — a list of crops eligible for marketing assistance loans, including major grains, cotton (both upland and extra long staple), rice, oilseeds, wool, mohair, honey, dry peas, lentils, and chickpeas. Medium grain rice — includes short grain rice. Other oilseed — sunflower, rapeseed, canola, safflower, flaxseed, mustard, crambe, sesame, or other oilseeds named by the Secretary. Payment acres — generally 85 percent of base acres for payments, except direct payments were 83.3 percent of base acres for each of the 2009 through 2011 crop years. Payment yield — the yield used for direct and counter‑cyclical payments as set under section 7912 as in effect on September 30, 2007, or under section 8712. Producer — an owner, operator, landlord, tenant, or sharecropper who shares production risk and the crop; hybrid seed growers are treated so contracts don’t stop their payments. Pulse crop — dry peas, lentils, small chickpeas, and large chickpeas. State — includes any State, the District of Columbia, Puerto Rico, and other U.S. territories or possessions. Target price — the price per unit used to figure counter‑cyclical payment rates. United States (geographic) — means all of the States. United States Premium Factor — the percentage by which the difference between U.S. loan premiums for Strict Middling (SM) 1 1/8‑inch and Middling (M) 13/32‑inch upland cotton exceeds the difference in comparable international premiums.
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Agriculture — Source: USLM XML via OLRC
Legislative History
Reference
Citation
7 U.S.C. § 8702
Title 7 — Agriculture
Last Updated
Apr 3, 2026
Release point: 119-73not60