CHAPTER XII. PEANUT MEAL AND HULLS
Article 1. Grade and
P- 1: Peanut Meal.
Peanut Meal is a ground product of the shelled peanuts, composed
principally of the kernels, with such portion of the hull, or fiber, and
oil, as may be left in the ordinary course of manufacture by a mechanical
or solvent extraction process. If solvent extracted, it must be so
P-2: Peanut Meal and Hulls.
Peanut Meal and Hulls is ground peanut meal whether mechanically or
solvent extracted, which contains a small amount of peanut hull residue or
to which peanut hulls have been added. If the peanut meal is solvent
extracted, it must be so designated.
P-3: Peanut Hulls.
Peanut Hulls consist of the outer hull or the peanut shell.
P-4: Other Contract Terms.
Unless otherwise agreed other terms of the contract shall be in accordance
with the applicable provisions of the Trading Rules of the National
Cottonseed Products Association.