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Commodity Programs (7 USC Ch. 106)

Country/Territory
United States of America
Document type
Legislation
Date
2020
Source
FAO, FAOLEX
Subject
Agricultural & rural development, Food & nutrition, Cultivated plants
Keyword
Agricultural commodities Financial agricultural measures Agricultural development Subsidy/incentive Credit Farming Fruits/edible nuts Sugar Milk/dairy products Sugar cane/sugar beet
Geographical area
Americas, Arctic, East Pacific, North America, North Atlantic
Abstract

This chapter provides for direct payments and counter-cyclical payments; marketing assistance loans and loan deficiency payments; peanuts; sugar; and dairy. It states that, for the purpose of making direct payments and counter-cyclical payments with respect to a farm, the Secretary shall give an owner of the farm an opportunity to elect 1 of the following as the method by which the base acres of all covered commodities on the farm are to be determined: (A) Subject to paragraphs (3) and (4), the 4-year average of the following: (i) Acreage planted on the farm to covered commodities for harvest, grazing, haying, silage, or other similar purposes for the 1998 through 2001 crop years. (ii) Any acreage on the farm that the producers were prevented from planting during the 1998 through 2001crop years to covered commodities because of drought, flood, or other natural disaster, or other condition beyond the control of the producers, as determined by the Secretary. (B) Subject to paragraph (3), the sum of the following: (i) The contract acreage (as defined in section 7202 of this title) used by the Secretary to calculate the fiscal year 2002 payment authorized under section 7214 of this title for the covered commodities on the farm. (ii) The 4-year average of eligible oilseed acreage on the farm for the 1998 through 2001 crop years, as determined by the Secretary under paragraph (2).

Full text
English
Website
uscode.house.gov