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7 U.S.C. § 1433d — Omitted
Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Section, act Oct. 31, 1949, ch. 792, title IV, § 425, as added Dec. 19, 1989, Pub. L. 101–239, title I, § 1003(a), 103 Stat. 2108, related to reduction of deficiency payments. See Effective and Termination Dates note below.
#### Effective and Termination Dates
Pub. L. 101–239, title I, § 1003(a), Dec. 19, 1989, 103 Stat. 2108, provided that this section is effective only for the 1990 crops.
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Source location: Title 7, Chapter 35A, § 1433d; chapter-35a-price-support-of-agricultural-commodities.md
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### Statutory Notes
#### Codification
Section, act Oct. 31, 1949, ch. 792, title IV, § 425, as added Dec. 19, 1989, Pub. L. 101–239, title I, § 1003(a), 103 Stat. 2108, related to reduction of deficiency payments. See Effective and Termination Dates note below.
#### Effective and Termination Dates
Pub. L. 101–239, title I, § 1003(a), Dec. 19, 1989, 103 Stat. 2108, provided that this section is effective only for the 1990 crops.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Source** The Secretary shall provide the price support authorized or required herein through the Commodity Credit Corporation and other means available to him.
**(b) Authority of Secretary; factors considered** Except as otherwise provided in this Act, the amounts, terms, and conditions of price support operations and the extent to which such operations are carried out, shall be determined or approved by the Secretary. The following factors shall be taken into consideration in determining, in the case of any commodity for which price support is discretionary, whether a price-support operation shall be undertaken and the level of such support and, in the case of any commodity for which price support is mandatory, the level of support in excess of the minimum level prescribed for such commodity: (1) the supply of the commodity in relation to the demand therefor, (2) the price levels at which other commodities are being supported and, in the case of feed grains, the feed values of such grains in relation to corn, (3) the availability of funds, (4) the perishability of the commodity, (5) the importance of the commodity to agriculture and the national economy, (6) the ability to dispose of stocks acquired through a price-support operation, (7) the need for offsetting temporary losses of export markets, (8) the ability and willingness of producers to keep supplies in line with demand and (9), in the case of upland cotton, changes in the cost of producing such cotton.
**(c) Compliance by producer; program for diverted acres** Compliance by the producer with acreage allotments, production goals and marketing practices (including marketing quotas when authorized by law), prescribed by the Secretary, may be required as a condition of eligibility for price support. In admi
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Deficiency payments**
(1) **In general** — If the Secretary establishes an acreage limitation program for any of the 1991 through 1997 crops of wheat, feed grains, upland cotton, or rice under this Act and determines that deficiency payments will likely be made for the commodity for the crop, the Secretary shall make advance deficiency payments available to producers for each of the crops.
(2) **Terms and conditions** — Advance deficiency payments under paragraph (1) shall be made to the producer under the following terms and conditions:
(A) *Form* — Such payments may be made available in the form of—
(i) cash;
(ii) commodities owned by the Commodity Credit Corporation and certificates redeemable in a commodity owned by the Commodity Credit Corporation, except that not more than 50 percent of the payments may be made in commodities or the certificates in the case of any producer; or
(iii) any combination of clauses (i) and (ii).
(B) *Commodities and certificates* — If payments are made available to producers as provided for under subparagraph (A)(ii), such producers may elect to receive such payments either in the form of—
(i) such commodities; or
(ii) such certificates.
(C) *Maturity* — Such a certificate shall be redeemable for a period not to exceed 3 years from the date the certificate is issued.
(D) *Storage* — The Commodity Credit Corporation shall pay the cost of storing a commodity that may be received under such a certificate until such time as the certificate is redeemed.
(E) *Timing* — The payments shall be made available as soon as practicable after the producer enters into a contract with the Secretary to participate in such program.
(F) *Amounts* — The payments shall be made available in such amounts as th
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Federal law — U.S. Code and appendices · legal_authorities
Page 734
TITLE 7—AGRICULTURE
§ 1433d
of security under subsection (a)(6). The Sec-
retary may use such committees for such other
purposes as the Secretary determines appro-
priate in carrying out section 424.
(c) Regulations
It is further the sense of Congress that the
Secretary of Agriculture issue or, as appro-
priate, amend regulations to implement any
program established under section 424 [7 U.S.C.
1433c] as soon as practicable, but not later than
15 days after March 20, 1986. Loans and other as-
sistance provided under such program shall be
made available beginning on the date such regu-
lations are issued or amended.
(Pub. L. 99–260, § 13, Mar. 20, 1986, 100 Stat. 53;
Pub. L. 108–357, title VI, § 611(q), Oct. 22, 2004, 118
Stat. 1523.)
Editorial Notes
REFERENCES IN TEXT
The Agricultural Act of 1949, referred to in subsec.
(a)(4), is act Oct. 31, 1949, ch. 792, 63 Stat. 1051, which is
classified principally to this chapter (§ 1421 et seq.). For
complete classification of this Act to the Code, see
Short Title note set out under section 1421 of this title
and Tables.
CODIFICATION
Section was enacted as part of the Food Security Im-
provements Act of 1986, and not as part of the Agricul-
tural Act of 1949 which is classified principally to this
chapter. For complete classification of the 1949 Act to
the Code, see Short Title note set out under section
1421 of this title and Tables.
AMENDMENTS
2004—Subsec. (a)(2)(B). Pub. L. 108–357 struck out ‘‘to-
bacco and’’ before ‘‘peanuts’’.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 2004 AMENDMENT
Amendment by Pub. L. 108–357 applicable to the 2005
and subsequent crops of tobacco, see section 643 of Pub.
L. 108–357, set out as an Effective Date note under sec-
tion 518 of this title.
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