PUBLIC LAW 106-78—OCT. 22, 1999 113 STAT. 1189 "(4) F.O.B. — The term T.O.B.' means free on board, regardless of the mode of transportation, at the point of direct shipment by the seller to the buyer. "(5) LIVESTOCK.— The term 'livestock' means cattle, swine, and lambs. "(6) LOT.— The term 'lot' means a group of one or more livestock that is identified for the purpose of a single transaction between a buyer and a seller. "(7) MARKETING. — The term 'marketing* means the sale or other disposition of livestock, livestock products, or meat or meat food products in commerce. "(8) NEGOTIATED PURCHASE. — The term 'negotiated purchase' means a cash or spot market purchase by a packer of livestock from a producer under which— "(A) the base price for the livestock is determined by seller-buyer interaction and agreement on a day; and "(B) the livestock are scheduled for delivery to the packer not later than 14 days after the date on which the livestock are committed to the packer. "(9) NEGOTIATED SALE.—The term 'negotiated sale' means a cash or spot market sale by a producer of livestock to a packer under which— "(A) the base price for the livestock is determined by seller-buyer interaction and agreement on a day; and "(B) the livestock are scheduled for delivery to the packer not later than 14 days after the date on which the livestock are committed to the packer. "(10) PRIOR SLAUGHTER WEEK. —The term 'prior slaughter week' means the Monday through Sunday prior to a reporting day. "(11) PRODUCER.— The term 'producer' means any person engaged in the business of selling livestock to a packer for slaughter (including the sale of livestock from a packer to another packer). "(12) REPORTING DAY.— The term 'reporting da/ means a day on which— "(A) a packer conducts business regarding livestock committed to the packer, or livestock purchased, sold, or slaughtered by the packer; "(B) the Secretary is required to make information concerning the business described in subparagraph (A) available to the public; and "(C) the Department of Agriculture is open to conduct business. "(13) SECRETARY.—The term 'Secretary means the Secretary of Agriculture. "(14) STATE. —The term 'State' means each of the 50 States. "CHAPTER 2—CATTLE REPORTING
- SEC. 221. DEFINITIONS.
7 USC 1635d. "In this chapter: "(1) CATTLE COMMITTED.— The term 'cattle committed' means cattle that are scheduled to be delivered to a packer within the 7-day period beginning on the date of an agreement to sell the cattle.
�
