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Title 7: Agriculture
Subtitle B: Regulations of the Department of Agriculture (Continued)
CHAPTER XIV: COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
SUBCHAPTER B: LOANS, PURCHASES, AND OTHER OPERATIONS
PART 1446: PEANUTS
Subpart C: Warehouse Storage Loans
1446.301 - Eligibility of peanuts for price support at the quota loan rate.
For peanuts to be eligible for a price support loan at the quota loan rate such peanuts:
(a) Must be eligible peanuts that were produced by an eligible producer;
(b) Must be Segregation 1 peanuts;
(c) If mechanically dried, must contain at least 6 percent moisture;
(d) Must not contain more than:
(1) 10.49 percent moisture;
(2) 10 percent foreign material; or
(3) 14.49 percent LSK's;
(e) When added to prior marketing of quota peanuts from the farm, must not exceed the effective quota established for the farm on which such peanuts were produced.
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