Contract Commodity Law and Legal Definition
According to 7 USCS § 7202 (Title 7, Agriculture; Chapter 100, Agricultural Market Transition Act: Short Title, Purpose, and Definitions), the term "contract commodity" means “wheat, corn, grain sorghum, barley, oats, upland cotton, and rice.”
Legal Definition list
Related Legal Terms
- 30-Year Contract [Agriculture]
- Accessory Contract
- Accrual of a Contract Claim
- Action Ex Contractu
- Adhesion Contract
- Affiliate of a Futures Commission Merchant, Commodity Trading Advisor, Commodity Pool Operator or Introducing Broker
- Agency Contract
- Agency Sales and Service Contract
- Agricultural Commodity
- Agricultural Commodity Cooperator
