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2026-07-06 09:52:37 -04:00

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LegalText 7 U.S.C. § 6q Special procedures to encourage and facilitate bona fide hedging by agricultural producers us united_states_code code_section 7 AGRICULTURE 1 COMMODITY EXCHANGES 6q 7 U.S.C. § 6q current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip /us/usc/t7/s6q data/legal/raw/us/code/title-07/usc07.xml c5c85dedcc31951349a128578be05255c3d9dfc145c937fe04ccb1857de4785f 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 008d63a991f887eb146ee4e46735f6d06c4ce6743d62a30f5997585c8846a172 2026-07-04 official
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7 U.S.C. § 6q - Special procedures to encourage and facilitate bona fide hedging by agricultural producers

Text

(a) Authority The Commission shall consider issuing rules or orders which—

(1) prescribe procedures under which each contract market is to provide for orderly delivery, including temporary storage costs, of any agricultural commodity enumerated in section 1a(9) of this title which is the subject of a contract for purchase or sale for future delivery;

(2) increase the ease with which domestic agricultural producers may participate in contract markets, including by addressing cost and margin requirements, so as to better enable the producers to hedge price risk associated with their production;

(3) provide flexibility in the minimum quantities of such agricultural commodities that may be the subject of a contract for purchase or sale for future delivery that is traded on a contract market, to better allow domestic agricultural producers to hedge such price risk; and

(4) encourage contract markets to provide information and otherwise facilitate the participation of domestic agricultural producers in contract markets.

(b) Report Within 1 year after December 21, 2000, the Commission shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report on the steps it has taken to implement this section and on the activities of contract markets pursuant to this section.

(Sept. 21, 1922, ch. 369, § 4q, formerly § 4p, as added Pub. L. 106554, § 1(a)(5) [title I, § 121], Dec. 21, 2000, 114 Stat. 2763, 2763A404; renumbered § 4q, Pub. L. 110234, title XIII, § 13105(d), May 22, 2008, 122 Stat. 1434, and Pub. L. 110246, § 4(a), title XIII, § 13105(d), June 18, 2008, 122 Stat. 1664, 2196; Pub. L. 111203, title VII, § 721(e)(3), July 21, 2010, 124 Stat. 1671.)

Notes

Editorial Notes

Codification Pub. L. 110234 and Pub. L. 110246 both renumbered this section as section 4q of act Sept. 21, 1922. Pub. L. 110234 was repealed by section 4(a) of Pub. L. 110246 effective May 22, 2008, the date of enactment of Pub. L. 110234. Section was formerly classified to section 6o1 of this title.

Amendments2010—Subsec. (a)(1). Pub. L. 111203 substituted “section 1a(9)” for “section 1a(4)”.

Statutory Notes and Related Subsidiaries

Effective Date of 2010 AmendmentAmendment by Pub. L. 111203 effective on the later of 360 days after July 21, 2010, or, to the extent a provision of subtitle A (§§ 711754) of title VII of Pub. L. 111203 requires a rulemaking, not less than 60 days after publication of the final rule or regulation implementing such provision of subtitle A, see section 754 of Pub. L. 111203, set out as a note under section 1a of this title.