Terms Used In Iowa Code 579B.5

  • Commodity: means livestock, raw milk, or a crop. See Iowa Code 579B.1
  • Contract: A legal written agreement that becomes binding when signed.
  • Contract producer: means a person who owns or leases a contract operation and who produces a commodity under a production contract executed pursuant to section 579B. See Iowa Code 579B.1
  • Lien: means a commodity production contract lien created in section 579B. See Iowa Code 579B.1
  • Lien: A claim against real or personal property in satisfaction of a debt.
 Before a commodity leaves the authority of the contract producer as provided in section 579B.3, the contract producer may enforce a lien created in that section in the manner provided for the enforcement of an agricultural lien as provided in chapter 554, article 9, part 6. After the commodity is no longer under the authority of the contract producer, the contract producer may enforce the lien in the manner provided in chapter 554, article 9, part 6.