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


### Answer
**Insurable commodity** is defined as the following in *7 U.S.C. § 1531*:

> an agricultural commodity (excluding livestock) for which the producer on a farm is eligible to obtain a policy or plan of insurance under subchapter I

#### Citation:
  - *7 U.S.C. § 1531*
  - Heading: **CHAPTER 36-CROP INSURANCE > SUBCHAPTER II-SUPPLEMENTAL AGRICULTURAL DISASTER ASSISTANCE**

