Definitions

7 U.S. Code § 1635i. Definitions

In this part:
(1) AffiliateThe term “affiliate”, with respect to a packer, means—
(A)
a person that directly or indirectly owns, controls, or holds with power to vote, 5 percent or more of the outstanding voting securities of the packer;
(B)
a person 5 percent or more of whose outstanding voting securities are directly or indirectly owned, controlled, or held with power to vote, by the packer; and
(C)
a person that directly or indirectly controls, or is controlled by or under common control with, the packer.
(2) Applicable reporting period
The term “applicable reporting period” means the period of time prescribed by the prior day report, the morning report, and the afternoon report, as required under section 1635j(c) of this title.
(3) Barrow
The term “barrow” means a neutered male swine.
(4) Base market hog
The term “base market hog” means a barrow or gilt for which no discounts are subtracted from and no premiums are added to the base price.
(5) Boar
The term “boar” means a sexually-intact male swine.
(6) Formula price
The term “formula price” means a price determined by a mathematical formula under which the price established for a specified market serves as the basis for the formula.
(7) Gilt
The term “gilt” means a young female swine that has not produced a litter.
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