Basic Uniform Commercial Code

Farm Product

UCC § 9-102(a)(34)

"Farm products" means goods, other than standing timber, with respect to which the debtor is engaged in a farming operation and which are:

  1. crops grown, growing, or to be grown, including:
    1. crops produced on trees, vines, and bushes; and
    2. aquatic goods produced in aquacultural operations;
  2. livestock, born or unborn, including aquatic goods produced in aquacultural operations;
  3. supplies used or produced in a farming operation; or
  4. products of crops or livestock in their unmanufactured states.
Copyright, The American Law Institute

If processed, farm products turn to inventory.