7 U.S.C. § 1441 — Price support levels

submitted 77 years ago by ch. 792 to r/title-7-AGRICULTURE · 883 words · no verdicts yet

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The Secretary of Agriculture must provide price support for qualifying basic agricultural commodities through loans, purchases, or other operations. The minimum support percentages depend on the commodity, crop year, and supply percentage, with special rules for certain crops and situations.

The Secretary of Agriculture must make price support available to cooperators for a crop of any basic agricultural commodity when producers have not rejected marketing quotas for that crop. Support may be provided through loans, purchases, or other operations. It may not exceed 90% of the commodity's parity price and may not be below the levels in subsections (a) through (c). (a) Corn and wheat. When the supply percentage at the start of the marketing year is no more than 102, support must be at least 90% of parity. For each successive two-point range above 102 through 130, the minimum falls one point, from 89% for more than 102 through 104 to 76% for more than 128 through 130; above 130 it is 75%. Rice support is at least 75% of parity for 1959 and 1960 crops, 70% for 1961, and 65% for 1962 and later crops. (b) Cotton. For a supply percentage no more than 108, support is at least 90% of parity. The minimum falls one point through the listed ranges: more than 108–110: 89%; 110–112: 88%; 112–114: 87%; 114–116: 86%; 116–118: 85%; 118–120: 84%; 120–122: 83%; 122–124: 82%; 124–125: 81%; 125–126: 80%; 126–127: 79%; 127–128: 78%; 128–129: 77%; 129–130: 76%; above 130: 75%. (c) Special rules. Despite the rules above: (1) if producers have not rejected the quota, support for the 1950 crop of a basic commodity with quotas or acreage allotments is 90% of parity; (2) support for a basic commodity crop is at least the percentage of parity specified in the rest of this subsection when the stated quota, supply, or production conditions apply. The statute's remaining crop-specific rules and conditions in subsection (c) apply as written to the commodities, crops, and percentages they identify.

the actual law source: uscode.house.gov ↗public domain

The Secretary of Agriculture (hereinafter called the “Secretary”) is authorized and directed to make available through loans, purchases, or other operations, price support to cooperators for any crop of any basic agricultural commodity, if producers have not disapproved marketing quotas for such crop, at a level not in excess of 90 per centum of the parity price of the commodity nor less than the level provided in subsections (a), (b), and (c) as follows:

(a) For corn and wheat, if the supply percentage as of the beginning of the marketing year is:	The level of support shall be not less than the following percentage of the parity price:
Not more than 102	90
More than 102 but not more than 104	89
More than 104 but not more than 106	88
More than 106 but not more than 108	87
More than 108 but not more than 110	86
More than 110 but not more than 112	85
More than 112 but not more than 114	84
More than 114 but not more than 116	83
More than 116 but not more than 118	82
More than 118 but not more than 120	81
More than 120 but not more than 122	80
More than 122 but not more than 124	79
More than 124 but not more than 126	78
More than 126 but not more than 128	77
More than 128 but not more than 130	76
More than 130	75

For rice of the 1959 and 1960 crops, the level of support shall be not less than 75 per centum of the parity price. For rice of the 1961 crop the level of support shall be not less than 70 per centum of the parity price. For the 1962 and subsequent crops of rice the level of support shall be not less than 65 per centum of the parity price.

(b) For cotton, if the supply percentage as of the beginning of the marketing year is:	The level of support shall be not less than the following percentage of the parity price:
Not more than 108	90
More than 108 but not more than 110	89
More than 110 but not more than 112	88
More than 112 but not more than 114	87
More than 114 but not more than 116	86
More than 116 but not more than 118	85
More than 118 but not more than 120	84
More than 120 but not more than 122	83
More than 122 but not more than 124	82
More than 124 but not more than 125	81
More than 125 but not more than 126	80
More than 126 but not more than 127	79
More than 127 but not more than 128	78
More than 128 but not more than 129	77
More than 129 but not more than 130	76
More than 130	75

(c)

Notwithstanding the foregoing provisions of this section—

(1)

if producers have not disapproved marketing quotas for such crop, the level of support to cooperators shall be 90 per centum of the parity price for the 1950 crop of any basic agricultural commodity for which marketing quotas or acreage allotments are in effect;

(2)

if producers have not disapproved marketing quotas for such crop, the level of support to cooperators shall be not less than 80 per centum of the parity price for the 1951 crop of any basic agricultural commodity for which marketing quotas or acreage allotments are in effect;

(3)

the level of price support to cooperators for any crop of a basic agricultural commodity for which marketing quotas have been disapproved by producers shall be 50 per centum of the parity price of such commodity;

(4)

Repealed. Oct. 31, 1949, ch. 792, title I, § 104(b)(3), as added Aug. 28, 1958, Pub. L. 85–835, title II, § 201, 72 Stat. 994;

(5)

price support may be made available to noncooperators at such levels, not in excess of the level of price support to cooperators, as the Secretary determines will facilitate the effective operation of the program.1

(6)

Except 2 as provided in subsection (c) and section 1422 of this title, the level of support to cooperators shall be not more than 90 per centum and not less than 82½ per centum of the parity price for the 1955 crop of any basic agricultural commodity with respect to which producers have not disapproved marketing quotas; within such limits, the minimum level of support shall be fixed as provided in subsections (a) and (b) of this section.¹

(7)

Where ² a State is designated under section 1335(e) of this title, as outside the commercial wheat-producing area for any crop of wheat, the level of price support for wheat to cooperators in such State for such crop of wheat shall be 75 per centum of the level of price support to cooperators in the commercial wheat-producing area.

(d)Rice.—

The Secretary shall make available to producers of each crop of rice on a farm price support at a level that is not less than 50 percent, or more than 90 percent of the parity price for rice as the Secretary determines will not result in increasing stocks of rice to the Commodity Credit Corporation.

Source credit: (Oct. 31, 1949, ch. 792, title I, §§ 101, 104(b)(3), 63 Stat. 1051; July 17, 1952, ch. 933, §§ 2, 3(1), 66 Stat. 759; Aug. 28, 1954, ch. 1041, title II, §§ 201, 202, 68 Stat. 899; Pub. L. 85–28, Apr. 25, 1957, 71 Stat. 27; Pub. L. 85–497, July 2, 1958, 72 Stat. 296; Pub. L. 85–835, title II, § 201, title III, § 302(a), Aug. 28, 1958, 72 Stat. 993, 994; Pub. L. 86–389, § 2, Feb. 20, 1960, 74 Stat. 7; Pub. L. 90–475, § 5, Aug. 11, 1968, 82 Stat. 702; Pub. L. 94–214, title I, § 102, Feb. 16, 1976, 90 Stat. 183; Pub. L. 95–113, title VI, § 607, title VII, § 702, Sept. 29, 1977, 91 Stat. 940; Pub. L. 96–176, Dec. 31, 1979, 93 Stat. 1290; Pub. L. 96–213, § 4(a), Mar. 18, 1980, 94 Stat. 119; Pub. L. 96–365, title II, § 201(a), Sept. 26, 1980, 94 Stat. 1319; Pub. L. 97–98, title V, § 508, title VI, § 602, Dec. 22, 1981, 95 Stat. 1242; Pub. L. 97–253, title I, § 125, Sept. 8, 1982, 96 Stat. 771; Pub. L. 98–88, § 2, Aug. 26, 1983, 97 Stat. 494; Pub. L. 98–258, title IV, §§ 401, 402, Apr. 10, 1984, 98 Stat. 135; Pub. L. 99–198, title VI, § 602, Dec. 23, 1985, 99 Stat. 1427; Pub. L. 104–127, title I, § 171(b)(3), Apr. 4, 1996, 110 Stat. 938; Pub. L. 107–171, title I, § 1310(a)(2)(A), May 13, 2002, 116 Stat. 182; Pub. L. 108–357, title VI, § 612(b), Oct. 22, 2004, 118 Stat. 1523.)

history & why it existsrecord from the source credit

1949Enacted · Act of Oct. 31, 1949, ch. 792 · 63 Stat. 1051
1952Amended · Act of July 17, 1952, ch. 933 · 66 Stat. 759
1954Amended · Act of Aug. 28, 1954, ch. 1041 · 68 Stat. 899
1957Amended · Pub. L. 85-28 · 71 Stat. 27
1958Amended · Pub. L. 85-497 · 72 Stat. 296
1958Amended · Pub. L. 85-835 · 72 Stat. 993, 994
1960Amended · Pub. L. 86-389 · 74 Stat. 7
1968Amended · Pub. L. 90-475 · 82 Stat. 702
1976Amended · Pub. L. 94-214 · 90 Stat. 183
1977Amended · Pub. L. 95-113 · 91 Stat. 940
1979Amended · Pub. L. 96-176 · 93 Stat. 1290
1980Amended · Pub. L. 96-213 · 94 Stat. 119
1980Amended · Pub. L. 96-365 · 94 Stat. 1319
1981Amended · Pub. L. 97-98 · 95 Stat. 1242
1982Amended · Pub. L. 97-253 · 96 Stat. 771
1983Amended · Pub. L. 98-88 · 97 Stat. 494
1984Amended · Pub. L. 98-258 · 98 Stat. 135
1985Amended · Pub. L. 99-198 · 99 Stat. 1427
1996Amended · Pub. L. 104-127 · 110 Stat. 938
2002Amended · Pub. L. 107-171 · 116 Stat. 182
2004Amended · Pub. L. 108-357 · 118 Stat. 1523

A history note hasn’t been published yet. The record shows enactment by ch. 792 on 1949-10-31.

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