--- kind: "section" citation: "7 U.S.C. § 9031" title: "7" title_heading: "Agriculture" number: "9031" heading: "Availability of nonrecourse marketing assistance loans for loan commodities" release: "119-102" date: "2026-07-12" url: "https://uscodex.org/usc/7/9031" units: - "Chapter 115 — Agricultural Commodity Policy and Programs" - "Subchapter II — Marketing Loans" --- # §9031. Availability of nonrecourse marketing assistance loans for loan commodities - (a) **Definition of loan commodity—** In this subchapter, the term “loan commodity” means wheat, corn, grain sorghum, barley, oats, upland cotton, [extra long staple cotton](/usc/7/9011.md?p=9), long grain rice, [medium grain rice](/usc/7/9011.md?p=12), peanuts, soybeans, [other oilseeds](/usc/7/9011.md?p=13), graded wool, nongraded wool, mohair, honey, dry peas, lentils, small chickpeas, and large chickpeas. - (b) **Nonrecourse loans available—** - (1) **In general—** For each of the 2014 through 2031 crops of each loan commodity, the [Secretary](/usc/7/9011.md?p=20) shall make available to [producers](/usc/7/9011.md?p=17-A) on a farm nonrecourse marketing assistance loans for loan commodities produced on the farm. - (2) **Terms and conditions—** The marketing assistance loans shall be made under terms and conditions that are prescribed by the [Secretary](/usc/7/9011.md?p=20) and at the loan rate established under [section 9032 of this title](/usc/7/9032.md) for the loan commodity. - (c) **Eligible production—** The [producers](/usc/7/9011.md?p=17-A) on a farm shall be eligible for a marketing assistance loan under [subsection (b)](#b) for any quantity of a loan commodity produced on the farm. - (d) **Compliance with conservation and wetlands requirements—** As a condition of the receipt of a marketing assistance loan under [subsection (b)](#b), the [producer](/usc/7/9011.md?p=17-A) shall comply with applicable conservation requirements under subtitle B of title XII of the Food Security Act of 1985 ([16 U.S.C. 3811](/usc/16/3811.md) et seq.) and applicable wetland protection requirements under subtitle C of title XII of that Act ([16 U.S.C. 3821](/usc/16/3821.md) et seq.) during the term of the loan. - (e) **Special rules for peanuts—** - (1) **In general—** This subsection shall apply only to [producers](/usc/7/9011.md?p=17-A) of peanuts. - (2) **Options for obtaining loan—** A marketing assistance loan under this section, and loan deficiency payments under [section 9035 of this title](/usc/7/9035.md), may be obtained at the option of the [producers](/usc/7/9011.md?p=17-A) on a farm through— - (A) a designated marketing association or marketing cooperative of [producers](/usc/7/9011.md?p=17-A) that is approved by the [Secretary](/usc/7/9011.md?p=20); or - (B) the Farm Service Agency. - (3) **Storage of loan peanuts—** As a condition on the approval by the [Secretary](/usc/7/9011.md?p=20) of an individual or entity to provide storage for peanuts for which a marketing assistance loan is made under this section, the individual or entity shall agree— - (A) to provide the storage on a nondiscriminatory basis; and - (B) to comply with such additional requirements as the [Secretary](/usc/7/9011.md?p=20) considers appropriate to accomplish the purposes of this section and promote fairness in the administration of the benefits of this section. - (4) **Storage, handling, and associated costs—** - (A) **In general—** To ensure proper storage of peanuts for which a loan is made under this section, the [Secretary](/usc/7/9011.md?p=20) shall pay handling and other associated costs (other than storage costs) incurred at the time at which the peanuts are placed under loan, as determined by the [Secretary](/usc/7/9011.md?p=20). - (B) **Redemption and forfeiture—** The [Secretary](/usc/7/9011.md?p=20) shall— - (i) require the repayment of handling and other associated costs paid under [subparagraph (A)](#e-4-A) for all peanuts pledged as collateral for a loan that is redeemed under this section; and - (ii) pay storage, handling, and other associated costs for all peanuts pledged as collateral that are forfeited under this section. - (5) **Marketing—** A marketing association or cooperative may [market](/usc/7/198.md?p=1) peanuts for which a loan is made under this section in any manner that conforms to consumer needs, including the separation of peanuts by type and quality. - (6) **Reimbursable agreements and payment of administrative expenses—** The [Secretary](/usc/7/9011.md?p=20) may implement any reimbursable agreements or provide for the payment of administrative expenses under this subsection only in a manner that is consistent with those activities in regard to other loan commodities. ## Source credit (Pub. L. 113–79, title I, § 1201, Feb. 7, 2014, 128 Stat. 674; Pub. L. 115–334, title I, § 1201(a), Dec. 20, 2018, 132 Stat. 4509; Pub. L. 119–21, title I, § 10309(a), July 4, 2025, 139 Stat. 93.) ## Notes ### Editorial Notes ### References in Text The Food Security Act of 1985, referred to in subsec. (d), is Pub. L. 99–198, Dec. 23, 1985, 99 Stat. 1354. Subtitles B and C of title XII of the Act are classified generally to subchapters II (§ 3811 et seq.) and III (§ 3821 et seq.), respectively, of chapter 58 of Title 16, Conservation. For complete classification of this Act to the Code, see Short Title of 1985 Amendment note set out under section 1281 of this title and Tables. ### 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)(1). Pub. L. 119–21 substituted “2031” for “2023”. 2018—Subsec. (b)(1). Pub. L. 115–334 substituted “2023” for “2018”.