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Raw OLRC USLM XML zips @ release 119-100 (retrieved 2026-07-04 via Atlas depot), ingested with the standard pipeline: raw snapshot -> per-section OKF markdown -> manifest + checksums. Title 52 untouched. LegalText: 171 -> 11,221. Titles 12-54 await a clean OLRC retry. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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220 lines
6.3 KiB
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---
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type: "LegalText"
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title: "7 U.S.C. § 8732"
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description: "Loan rates for nonrecourse marketing assistance loans"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 7
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title_name: "AGRICULTURE"
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chapter_number: "113"
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chapter_name: "AGRICULTURAL COMMODITY SUPPORT PROGRAMS"
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section: "8732"
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citation: "7 U.S.C. § 8732"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip"
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source_identifier: "/us/usc/t7/s8732"
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source_file: "data/legal/raw/us/code/title-07/usc07.xml"
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source_hash: "04ee0c8ddd26c207851ff75ce9d5534ff1f08f5e7d655d19f2290f7906ff36e0"
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raw_snapshot_hash: "50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984"
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text_hash: "8bb49c08fca39a5f06519a5245c4e3c35cef9fc840618d1b9107ab9e763f99a6"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 7 U.S.C. § 8732 - Loan rates for nonrecourse marketing assistance loans
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## Text
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(a) 2008 crop year For purposes of the 2008 crop year, the loan rate for a marketing assistance loan under section 8731 of this title for a loan commodity shall be equal to the following:
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(1) In the case of wheat, $2.75 per bushel.
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(2) In the case of corn, $1.95 per bushel.
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(3) In the case of grain sorghum, $1.95 per bushel.
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(4) In the case of barley, $1.85 per bushel.
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(5) In the case of oats, $1.33 per bushel.
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(6) In the case of base quality of upland cotton, $0.52 per pound.
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(7) In the case of extra long staple cotton, $0.7977 per pound.
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(8) In the case of long grain rice, $6.50 per hundredweight.
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(9) In the case of medium grain rice, $6.50 per hundredweight.
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(10) In the case of soybeans, $5.00 per bushel.
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(11) In the case of other oilseeds, $9.30 per hundredweight for each of the following kinds of oilseeds:
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(A) Sunflower seed.
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(B) Rapeseed.
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(C) Canola.
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(D) Safflower.
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(E) Flaxseed.
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(F) Mustard seed.
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(G) Crambe.
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(H) Sesame seed.
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(I) Other oilseeds designated by the Secretary.
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(12) In the case of dry peas, $6.22 per hundredweight.
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(13) In the case of lentils, $11.72 per hundredweight.
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(14) In the case of small chickpeas, $7.43 per hundredweight.
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(15) In the case of graded wool, $1.00 per pound.
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(16) In the case of nongraded wool, $0.40 per pound.
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(17) In the case of mohair, $4.20 per pound.
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(18) In the case of honey, $0.60 per pound.
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(b) 2009 crop year Except as provided in section 8715 11 See References in Text note below. of this title, for purposes of the 2009 crop year, the loan rate for a marketing assistance loan under section 8731 of this title for a loan commodity shall be equal to the following:
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(1) In the case of wheat, $2.75 per bushel.
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(2) In the case of corn, $1.95 per bushel.
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(3) In the case of grain sorghum, $1.95 per bushel.
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(4) In the case of barley, $1.85 per bushel.
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(5) In the case of oats, $1.33 per bushel.
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(6) In the case of base quality of upland cotton, $0.52 per pound.
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(7) In the case of extra long staple cotton, $0.7977 per pound.
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(8) In the case of long grain rice, $6.50 per hundredweight.
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(9) In the case of medium grain rice, $6.50 per hundredweight.
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(10) In the case of soybeans, $5.00 per bushel.
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(11) In the case of other oilseeds, $9.30 per hundredweight for each of the following kinds of oilseeds:
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(A) Sunflower seed.
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(B) Rapeseed.
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(C) Canola.
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(D) Safflower.
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(E) Flaxseed.
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(F) Mustard seed.
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(G) Crambe.
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(H) Sesame seed.
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(I) Other oilseeds designated by the Secretary.
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(12) In the case of dry peas, $5.40 per hundredweight.
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(13) In the case of lentils, $11.28 per hundredweight.
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(14) In the case of small chickpeas, $7.43 per hundredweight.
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(15) In the case of large chickpeas, $11.28 per hundredweight.
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(16) In the case of graded wool, $1.00 per pound.
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(17) In the case of nongraded wool, $0.40 per pound.
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(18) In the case of mohair, $4.20 per pound.
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(19) In the case of honey, $0.60 per pound.
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(c) 2010 through 2012 crop years Except as provided in section 8715 1 of this title, for purposes of each of the 2010 through 2012 crop years, the loan rate for a marketing assistance loan under section 8731 of this title for a loan commodity shall be equal to the following:
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(1) In the case of wheat, $2.94 per bushel.
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(2) In the case of corn, $1.95 per bushel.
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(3) In the case of grain sorghum, $1.95 per bushel.
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(4) In the case of barley, $1.95 per bushel.
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(5) In the case of oats, $1.39 per bushel.
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(6) In the case of base quality of upland cotton, $0.52 per pound.
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(7) In the case of extra long staple cotton, $0.7977 per pound.
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(8) In the case of long grain rice, $6.50 per hundredweight.
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(9) In the case of medium grain rice, $6.50 per hundredweight.
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(10) In the case of soybeans, $5.00 per bushel.
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(11) In the case of other oilseeds, $10.09 per hundredweight for each of the following kinds of oilseeds:
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(A) Sunflower seed.
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(B) Rapeseed.
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(C) Canola.
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(D) Safflower.
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(E) Flaxseed.
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(F) Mustard seed.
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(G) Crambe.
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(H) Sesame seed.
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(I) Other oilseeds designated by the Secretary.
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(12) In the case of dry peas, $5.40 per hundredweight.
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(13) In the case of lentils, $11.28 per hundredweight.
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(14) In the case of small chickpeas, $7.43 per hundredweight.
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(15) In the case of large chickpeas, $11.28 per hundredweight.
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(16) In the case of graded wool, $1.15 per pound.
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(17) In the case of nongraded wool, $0.40 per pound.
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(18) In the case of mohair, $4.20 per pound.
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(19) In the case of honey, $0.69 per pound.
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(d) Single county loan rate for other oilseeds The Secretary shall establish a single loan rate in each county for each kind of other oilseeds described in subsections (a)(11), (b)(11), and (c)(11).
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(Pub. L. 110–234, title I, § 1202, May 22, 2008, 122 Stat. 954; Pub. L. 110–246, § 4(a), title I, § 1202, June 18, 2008, 122 Stat. 1664, 1682.)
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## Notes
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Editorial Notes
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References in TextSection 8715 of this title, referred to in subsecs. (b) and (c), was repealed by Pub. L. 113–79, title I, § 1103(a), Feb. 7, 2014, 128 Stat. 658.
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Codification Pub. L. 110–234 and Pub. L. 110–246 enacted identical sections. Pub. L. 110–234 was repealed by section 4(a) of Pub. L. 110–246.
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Statutory Notes and Related Subsidiaries
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Effective DateEnactment of this section and repeal of Pub. L. 110–234 by Pub. L. 110–246 effective May 22, 2008, the date of enactment of Pub. L. 110–234, see section 4 of Pub. L. 110–246, set out as a note under section 8701 of this title.
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