### Question
What is the definition of effective price?


### Answer
The definition of **effective price** is as follows in *7 U.S.C. § 8751*:

> the price calculated by the Secretary under section 8754 of this title for peanuts to determine whether counter-cyclical payments are required to be made under that section for a crop year

#### Citation:
  - *7 U.S.C. § 8751*
  - Heading: **CHAPTER 113-AGRICULTURAL COMMODITY SUPPORT PROGRAMS > SUBCHAPTER III-PEANUTS**

