---
kind: "section"
citation: "7 U.S.C. § 1508c"
title: "7"
title_heading: "Agriculture"
number: "1508c"
heading: "Peanut revenue crop insurance"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/7/1508c"
units:
  - "Chapter 36 — Crop Insurance"
  - "Subchapter I — Federal Crop Insurance"
---

# §1508c. Peanut revenue crop insurance

- (a) **In general—** Effective beginning with the 2015 crop year, the Risk Management Agency and the [Corporation](/usc/7/1502.md?p=b-5) shall make available to producers of peanuts a revenue crop insurance program for peanuts.
- (b) **Effective price—** Subject to [subsection (c)](#c), for purposes of the revenue crop insurance program and the multiperil crop insurance program under this subchapter, the effective price for peanuts shall be equal to the Rotterdam price index for peanuts or other appropriate price as determined by the [Secretary](/usc/7/1502.md?p=b-12), as adjusted to reflect the farmer stock price of peanuts in the United States.
- (c) **Adjustments—**
  - (1) **In general—** The effective price for peanuts established under [subsection (b)](#b) may be adjusted by the Risk Management Agency and the [Corporation](/usc/7/1502.md?p=b-5) to correct distortions.
  - (2) **Administration—** If an adjustment is made under [paragraph (1)](#c-1), the Risk Management Agency and the [Corporation](/usc/7/1502.md?p=b-5) shall—
    - (A) make the adjustment in an open and transparent manner; and
    - (B) submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report that describes the reasons for the adjustment.

## Source credit

(Feb. 16, 1938, ch. 30, title V, § 508C, as added Pub. L. 113–79, title XI, § 11018, Feb. 7, 2014, 128 Stat. 966.)