Parity Price Law and Legal Definition
The parity price for any agricultural commodity, as of any date, is “determined by multiplying the adjusted base price of such commodity as of such date by the parity index as of such date.” (7 USCS § 1301)
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The parity price for any agricultural commodity, as of any date, is “determined by multiplying the adjusted base price of such commodity as of such date by the parity index as of such date.” (7 USCS § 1301)