7 U.S.C. § 7332 — Risk management education
submitted 30 years ago by Pub. L. 104-127 to r/title-7-AGRICULTURE · 97 words · no verdicts yet
The Secretary of Agriculture must provide education about financial risks in producing and marketing agricultural commodities and may train producers to use futures, forward contracts, options, and insurance.
After consulting the Commodity Futures Trading Commission, the Secretary* must provide suitable education about financial risks in producing and marketing agricultural commodities. The Secretary may create programs that help producers participate in commodity-futures, forward-contracting, options, and insurance programs by assisting and training them. The Secretary may use existing Agriculture Department* research and extension authority and resources.
In consultation with the Commodity Futures Trading Commission, the Secretary* shall provide such education in management of the financial risks inherent in the production and marketing of agricultural commodities as the Secretary considers appropriate. As part of such educational activities, the Secretary may develop and implement programs to facilitate the participation of agricultural producers in commodity futures trading programs, forward contracting options, and insurance protection programs by assisting and training producers in the usage of such programs. In implementing this authority, the Secretary may use existing research and extension authorities and resources of the Department* of Agriculture.
Source credit: (Pub. L. 104–127, title I, § 192, Apr. 4, 1996, 110 Stat. 942.)
- 1996Enacted · Pub. L. 104-127 · 110 Stat. 942
A history note hasn’t been published yet. The record shows enactment by Pub. L. 104-127 on 1996-04-04.
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