Editorial Notes
Codification

Provisions of law applicable to a loan commodity for the 2023 crop year pursuant to title I of Pub. L. 113–79 applicable to the 2024 crop year for that loan commodity, see section 102(c)(1) of Pub. L. 118–22, set out in an Extension of Agricultural Programs note under section 9001 of this title.

Amendments

2025—Subsec. (b). Pub. L. 119–21, § 10310(1), designated introductory provisions as par. (1) and inserted heading, redesignated former par. (1) as subpar. (A) of par. (1) and realigned margins, added subpar. (B) of par. (1) and par. (2), and struck out former par. (2) which read as follows: “the prevailing world market price for the commodity, as determined and adjusted by the Secretary in accordance with this section.”

Subsec. (c). Pub. L. 119–21, § 10310(2), substituted “shall be at a rate that is the lesser of—” for “shall be at”, inserted par. (1) designation before “the loan rate”, and added par. (2).

Subsec. (d). Pub. L. 119–21, § 10310(3), designated introductory provisions as par. (1) and inserted heading, redesignated former pars. (1) and (2) as subpars. (A) and (B), respectively, of par. (1) and realigned margins, substituted “medium grain rice, and extra long staple cotton” for “and medium grain rice” in subpar. (A), and added par. (2).

Subsec. (e). Pub. L. 119–21, § 10310(4)(A), inserted “extra long staple cotton,” after “upland cotton” in heading.

Subsec. (e)(2). Pub. L. 119–21, § 10310(4)(B)(i), inserted “Upland” before “cotton” in heading.

Subsec. (e)(2)(B). Pub. L. 119–21, § 10310(4)(B)(ii), substituted “2032” for “2024” in introductory provisions.

Subsec. (e)(3), (4). Pub. L. 119–21, § 10310(4)(C), (D), added par. (3) and redesignated former par. (3) as (4).

Subsec. (g). Pub. L. 119–21, § 10309(c), designated existing provisions as par. (1), inserted heading, and substituted “2025” for “2023”, and added par. (2).

2018—Subsec. (e)(2)(B). Pub. L. 115–334, § 1201(b)(1), substituted “2024” for “2019” in introductory provisions.

Subsec. (g). Pub. L. 115–334, § 1201(b)(2), substituted “2023” for “2018”.

Subsec. (h)(1). Pub. L. 115–334, § 1202(b), substituted “subsection (a)(20) or (b)(20), as applicable, of section 9032” for “section 9032(a)(20)”.