### Question
Can you define what loan commodity means?


### Answer
**Loan commodity** is defined as the following in *7 U.S.C. § 9031*:

> wheat, corn, grain sorghum, barley, oats, upland cotton, extra long staple cotton, long grain rice, medium grain rice, peanuts, soybeans, other oilseeds, graded wool, nongraded wool, mohair, honey, dry peas, lentils, small chickpeas, and large chickpeas

#### Citation:
  - *7 U.S.C. § 9031*
  - Heading: **CHAPTER 115-AGRICULTURAL COMMODITY POLICY AND PROGRAMS > SUBCHAPTER II-MARKETING LOANS**

