7 USC § 8758 - Adjustments of loans

---
identifier: "/us/usc/t7/s8758"
source: "usc"
legal_status: "official_prima_facie"
title: "7 USC § 8758 - Adjustments of loans"
title_number: 7
title_name: "AGRICULTURE"
section_number: "8758"
section_name: "Adjustments of loans"
chapter_number: 113
chapter_name: "AGRICULTURAL COMMODITY SUPPORT PROGRAMS"
subchapter_number: "III"
subchapter_name: "PEANUTS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 110–234, title I, § 1308, May 22, 2008, 122 Stat. 977; Pub. L. 110–246, § 4(a), title I, § 1308, June 18, 2008, 122 Stat. 1664, 1705.)"
---


# § 8758. Adjustments of loans

**(a)** **Adjustment authority** The Secretary may make appropriate adjustments in the loan rates for peanuts for differences in grade, type, quality, location, and other factors.

**(b)** **Manner of adjustment** The adjustments under subsection (a) shall, to the maximum extent practicable, be made in such a manner that the average loan level for peanuts will, on the basis of the anticipated incidence of the factors, be equal to the level of support determined in accordance with this subchapter and subtitles B, D, and E.

**(c)** **Adjustment on county basis**

**(1)** **In general** Subject to paragraph (2), the Secretary may establish loan rates for a crop of peanuts for producers in individual counties in a manner that results in the lowest loan rate being 95 percent of the national average loan rate, if those loan rates do not result in an increase in outlays.

**(2)** **Prohibition** Adjustments under this subsection shall not result in an increase in the national average loan rate for any year.

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**Source Credit**: (Pub. L. 110–234, title I, § 1308, May 22, 2008, 122 Stat. 977; Pub. L. 110–246, § 4(a), title I, § 1308, June 18, 2008, 122 Stat. 1664, 1705.)

## Editorial Notes

### References in Text

Subtitles B, D, and E, referred to in subsec. (b), are subtitles B (§ 1201 et seq.), D (§ 1401 et seq.), and E (§ 1501 et seq.), respectively, of title I of , , . Subtitle B is classified generally to subchapter II (§ 8731 et seq.) of this chapter. Subtitle D enacted sections 1359kk, 1359, and 7287 of this title, amended sections 1359aa to 1359gg, 1359ii, 7272, and 7971 of this title, repealed former , and enacted provisions set out as notes under sections 3602 and 7272 of this title. Subtitle E enacted subchapter IV (§ 8771 et seq.) of this chapter and amended sections 608c, 1637b, 4502, 4504, 4531, and 4553 of this title and , Commerce and Trade. For complete classification of subtitles B, D, and E to the Code, see Tables.

### Codification

and  enacted identical sections.  was repealed by .

## Statutory Notes and Related Subsidiaries

### Effective Date

Enactment of this section and repeal of  by  effective , the date of enactment of , see , set out as a note under .