CHAPTER 42 —AGRICULTURAL COMMODITY SET-ASIDE
§1741. Maximum and minimum quantities for set-aside; "commodity set-aside" defined
The Commodity Credit Corporation shall, as rapidly as the Secretary of Agriculture shall determine to be practicable, set aside within its inventories not more than the following maximum quantities and not less than the following minimum quantities of agricultural commodities or products thereof heretofore or hereafter acquired by it from 1954 and prior years' crops and production in connection with its price support operations:
Commodity | Maximum quantity | Minimum quantity |
---|---|---|
Wheat (bushels) | 500,000,000 | 400,000,000 |
Upland cotton (bales) | 4,000,000 | 3,000,000 |
Cottonseed oil (pounds) | 500,000,000 | 0 |
Butter (pounds) | 200,000,000 | 0 |
Nonfat dry milk solids (pounds) | 300,000,000 | 0 |
Cheese (pounds) | 150,000,000 | 0 |
Such quantities shall be known as the "commodity set-aside".
(Aug. 28, 1954, ch. 1041, title I, §101,
Statutory Notes and Related Subsidiaries
Short Title
Act Aug. 28, 1954, enacting
§1742. Determination of commodity value for set-aside
Quantities of commodities shall not be included in the commodity set-aside which have an aggregate value in excess of $2,500,000,000. The value of the commodities placed in the commodity set-aside, for the purpose of this section, shall be the Corporation's investment in such commodities as of the date they are included in the commodity set-aside, as determined by the Secretary.
(Aug. 28, 1954, ch. 1041, title I, §102,
§1743. Reduction of set-aside
(a) Such commodity set-aside shall be reduced by disposals made in accordance with the directions of the President as follows:
(1) Donation, sale, or other disposition for disaster or other relief purposes outside the United States pursuant to and subject to the limitations of subchapter III of
(2) Sale or barter (including barter for strategic materials) to develop new or expanded markets for American agricultural commodities, including but not limited to disposition pursuant to and subject to the limitations of subchapter II of
(3) Donation to school-lunch programs;
(4) Transfer to the National Defense Stockpile established by the Strategic and Critical Materials Stock Piling Act (
(5) Donation, sale, or other disposition for research, experimental, or educational purposes;
(6) Donation, sale, or other disposition for disaster relief purposes in the United States or to meet any national emergency declared by the President; and
(7) Sale for unrestricted use to meet a need for increased supplies at not less than 105 per centum of the parity price in the case of agricultural commodities and a price reflecting 105 per centum of the parity price of the agricultural commodity in the case of products of agricultural commodities.
The President shall prescribe such terms and conditions for the disposal of commodities in the commodity set-aside as he determines will provide adequate safeguards against interference with normal marketings of the supplies of such commodities outside the commodity set-aside. Strategic materials acquired by the Commodity Credit Corporation under paragraph (2) of this subsection shall be transferred to the National Defense Stockpile established by the Strategic and Critical Materials Stock Piling Act [
(b) The quantity of any commodity in the commodity set-aside shall be reduced to the extent that the Commodity Credit Corporation inventory of such commodity is reduced, by natural or other cause beyond the control of the Corporation, below the quantity then charged to the commodity set-aside.
(Aug. 28, 1954, ch. 1041, title I, §103,
Editorial Notes
References in Text
The Strategic and Critical Materials Stock Piling Act, referred to in subsec. (a), is act June 7, 1939, ch. 190, as revised generally by
Amendments
1979—Subsec. (a).
Statutory Notes and Related Subsidiaries
Change of Name
Technical change in meaning of reference in original act which appears in subsec. (a)(1) as reference to subchapter III of
Executive Documents
Executive Order No. 10601
Ex. Ord. No. 10601, Mar. 21, 1955, 20 F.R. 1761, as amended by Ex. Ord. No. 10773, July 1, 1958, 23 F.R. 5061; Ex. Ord. No. 10782, Sept. 6, 1958, 23 F.R. 6971; Ex. Ord. No. 11051, Sept. 27, 1962, 27 F.R. 9683; Ex. Ord. No. 12148, July 20, 1979, 44 F.R. 43239, which provided for administration of the commodity set-aside program, was revoked by Ex. Ord. No. 12553, Feb. 25, 1986, 51 F.R. 7237.
§1744. Sale of commodities in set-aside; exemption from pricing limitations
(a) The Corporation shall have authority to sell, without regard to
(b) Dispositions pursuant to this chapter shall not be subject to the pricing limitations of
(Aug. 28, 1954, ch. 1041, title I, §104,
§1745. Computation of carryover
The quantity of any commodity in the commodity set-aside or transferred from the set-aside to the National Defense Stockpile established by the Strategic and Critical Materials Stock Piling Act (
(Aug. 28, 1954, ch. 1041, title I, §105,
Editorial Notes
References in Text
The Strategic and Critical Materials Stock Piling Act, referred to in text, is act June 7, 1939, ch. 190, as revised generally by
The Agricultural Act of 1949, referred to in text, is act Oct. 31, 1949, ch. 792,
The Agricultural Adjustment Act of 1938, referred to in text, is act Feb. 16, 1938, ch. 30,
Amendments
1979—
§1746. Records and accounts
The Commodity Credit Corporation shall keep such records and accounts as may be necessary to show, for each commodity set-aside, the initial and current composition, value (in accordance with
(Aug. 28, 1954, ch. 1041, title I, §106,
§1747. Authorization of appropriations; determination of value of transferred commodity
In order to make payment to the Commodity Credit Corporation for any commodities transferred to the national stockpile pursuant to
(Aug. 28, 1954, ch. 1041, title I, §107,
§1748. Annual reports by agricultural attachés
(a) In general
The Secretary shall require appropriate officers and employees of the Department of Agriculture, including those stationed in foreign countries, to prepare and submit annually to the Secretary detailed reports that—
(1) document the nature and extent of—
(A) programs in such countries that provide direct or indirect government support for the export of agricultural commodities and the products thereof;
(B) other trade practices that may impede the entry of United States agricultural commodities and the products thereof into such countries; and
(C) where practicable, the average prices and costs of production in such countries for like commodities exported from the United States to such countries; and
(2) identify opportunities for the export of United States agricultural commodities and the products thereof to such countries.
(b) Duties
The Secretary shall—
(1) annually compile the information contained in reports prepared under subsection (a)—
(A) on a country by country basis; and
(B) on a commodity by commodity basis for exports of United States agricultural commodities, as determined appropriate by the Secretary, the export of which is hampered by an unfair trade practice. Where practicable, the report shall include a comparison of the average prices and costs of production for such commodities in the United States and in the importing countries for the previous crop year;
(2) in consultation with the agricultural technical advisory committees established under
(3) include in the compilation a list of actions undertaken to reduce or eliminate such trade barriers; and
(4) not later than January 15 of each year, make the compilation available to Congress, the agricultural policy advisory committee, and other interested parties.
(c) Meeting
The Secretary and the United States Trade Representative shall convene a meeting, at least once each year, of the Agricultural Policy Advisory Committee and the agricultural technical advisory committees to develop specific recommendations for actions to be taken by the Federal Government and private industry to—
(1) reduce or eliminate trade barriers or distortions identified in the annual reports required to be submitted under subsections (a) and (b); and
(2) expand United States agricultural export opportunities identified in such annual reports.
(Aug. 28, 1954, ch. 1041, title I, §108, as added
Editorial Notes
Amendments
1996—Subsec. (b)(1)(B).
1991—
Subsec. (b)(1)(B).
Subsec. (b)(4).
§1749. Attaché educational program
The Administrator of the Foreign Agricultural Service shall establish a program within the Service that directs attachés of the Service who are reassigned from abroad to the United States, and other personnel of the Service, to visit and consult with producers and exporters of agricultural commodities and products and State officials throughout the United States concerning various methods to increase exports of United States agricultural commodities and products.
(Aug. 28, 1954, ch. 1041, title I, §109, as added
Editorial Notes
Amendments
1991—