Definitions.

CFR · 2024-01-01 · US · Title 9

The definitions in this section apply to the regulations in this part. The definitions in this section do not apply to other regulations issued under the Packers and Stockyards Act (P&S Act) or to the P&S Act as a whole. (1) Swine or pork market formula purchases with a ledger, (2) Swine or pork market formula purchases without a ledger, (3) Other market formula purchases with a ledger, (4) Other market formula purchases without a ledger, (5) Other purchase arrangements with a ledger, and (6) Other purchase arrangements without a ledger. (1) The buyer-seller interaction that results in the transaction and the agreement on actual base price occur on the same day; and (2) The swine are scheduled for delivery to the packer not later than 14 days after the date on which the swine are committed to the packer. (1) A packer purchasing at least 100,000 swine per year and slaughtering swine at one or more federally inspected processing plants that meet either of the following conditions: (i) A swine processing plant that slaughtered an average of at least 100,000 head of swine per year during the immediately preceding 5 calendar years, with the average based on those periods in which the plant slaughtered swine; or (ii) A swine processing plant that did not slaughter swine during the immediately preceding 5 calendar years that has the capacity to slaughter at least 100,000 swine per year, based on plant capacity information. (2) Any packer purchasing an average of at least 200,000 sow

official document · source cfr-2024 · id 9:§ 206.1