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7 U.S.C. § 1379e — Assistance in purchase and sale of mar-

Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 1379e — Assistance in purchase and sale of mar-

Page 691 TITLE 7—AGRICULTURE § 1379f applicable to wheat processors or exporters during the period June 1, 1982, through May 31, 1986.’’ Pub. L. 95–113, title IV, § 403, Sept. 29, 1977, 91 Stat. 926, provided that: ‘‘Sections 379d, 379e, 379f, 379g, 379h, 379i, and 379j of the Agricultural Adjustment Act of 1938 [sections 1379d, 1379e, 1379f, 1379g, 1379h, 1379i, and 1379j of this title] (which deal with marketing certificate re- quirements for processors and exporters) shall not be applicable to wheat processors or exporters during the period July 1, 1973, through May 31, 1982.’’ Pub. L. 91–524, title IV, § 403(b), as added by Pub. L. 93–86, § 1(10), Aug. 10, 1973, 87 Stat. 228, provided in part that: ‘‘Sections 379d, 379e, 379f, 379g, 379h, 379i, and 379j of the Agricultural Adjustment Act of 1938 [sections 1379d, 1379e, 1379f, 1379g, 1379h, 1379i and 1379j of this title] (which deal with marketing certificate require- ments for processors and exporters) shall not be appli- cable to wheat processed or exported during the period July 1, 1973 through June 30, 1978’’. § 1379e. Assistance in purchase and sale of mar- keting certificates; regulations; administra- tive expenses; interest For the purpose of facilitating the purchase and sale of marketing certificates, the Com- modity Credit Corporation is authorized to issue, buy, and sell marketing certificates in ac- cordance with regulations prescribed by the Sec- retary. Such regulations may authorize the Cor- poration to issue and sell certificates in excess of the quantity of certificates which it pur- chases. Such regulations may authorize the Cor- poration in the sale of marketing certificates to charge, in addition to the face value thereof, an amount determined by the Secretary to be ap- propri

Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 1379e

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Source file: Laws/federal/codes/united-states-code-2024/title-7/section-1379e-assistance-in-purchase-and-sale-of-mar--181ed57cc2.md
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Source location: USCODE-2024-title7-chap35-subchapII-partD-sec1379e.pdf

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Page 691 TITLE 7—AGRICULTURE § 1379f applicable to wheat processors or exporters during the period June 1, 1982, through May 31, 1986.’’ Pub. L. 95–113, title IV, § 403, Sept. 29, 1977, 91 Stat. 926, provided that: ‘‘Sections 379d, 379e, 379f, 379g, 379h, 379i, and 379j of the Agricultural Adjustment Act of 1938 [sections 1379d, 1379e, 1379f, 1379g, 1379h, 1379i, and 1379j of this title] (which deal with marketing certificate re- quirements for processors and exporters) shall not be applicable to wheat processors or exporters during the period July 1, 1973, through May 31, 1982.’’ Pub. L. 91–524, title IV, § 403(b), as added by Pub. L. 93–86, § 1(10), Aug. 10, 1973, 87 Stat. 228, provided in part that: ‘‘Sections 379d, 379e, 379f, 379g, 379h, 379i, and 379j of the Agricultural Adjustment Act of 1938 [sections 1379d, 1379e, 1379f, 1379g, 1379h, 1379i and 1379j of this title] (which deal with marketing certificate require- ments for processors and exporters) shall not be appli- cable to wheat processed or exported during the period July 1, 1973 through June 30, 1978’’. § 1379e. Assistance in purchase and sale of mar- keting certificates; regulations; administra- tive expenses; interest For the purpose of facilitating the purchase and sale of marketing certificates, the Com- modity Credit Corporation is authorized to issue, buy, and sell marketing certificates in ac- cordance with regulations prescribed by the Sec- retary. Such regulations may authorize the Cor- poration to issue and sell certificates in excess of the quantity of certificates which it pur- chases. Such regulations may authorize the Cor- poration in the sale of marketing certificates to charge, in addition to the face value thereof, an amount determined by the Secretary to be ap- propriate to cover estimated administrative costs in connection with the purchase and sale of the certificates and estimated interest in- curred on funds of the Corporation invested in certificates purchased by it. (Feb. 16, 1938, ch. 30, title III, § 379e, as added Pub. L. 87–703, title III, § 324(2), Sept. 27, 1962, 76 Stat. 628; amended Pub. L. 89–321, title V, § 516, Nov. 3, 1965, 79 Stat. 1206; Pub. L. 90–559, § 1(6), Oct. 11, 1968, 82 Stat. 996; Pub. L. 91–524, title IV, § 403(a)(3), Nov. 30, 1970, 84 Stat. 1366.) Editorial Notes CODIFICATION The sentence added by Pub. L. 89–321, as amended by Pub. L. 90–559, which directed the Commodity Credit Corporation to sell marketing certificates for the mar- keting years for the 1966 through 1970 wheat crops to persons processing food products at the face value thereof less any amount by which price support for wheat accompanied by domestic certificates exceeded $2 per bushel, was omitted as executed. AMENDMENTS 1970—Pub. L. 91–524, temporarily directed the Com- modity Credit Corporation to sell marketing certifi- cates for the marketing years for the 1971, 1972, and 1973 crops of wheat to persons engaged in the processing of food products but directed that, in determining the cost to processors of food products, the face value be 75 cents per bushel. See Effective and Termination Dates of 1970 Amendment note below. 1968—Pub. L. 90–559 provided for a one year extension of period for sale of marketing certificates, sub- stituting ‘‘1966 through the 1970’’ for ‘‘1966 through the 1969’’ wheat crops. 1965—Pub. L. 89–321 required the Commodity Credit Corporation to sell marketing certificates for the mar- keting years for the 1966 through the 1969 wheat crops to persons engaged in the processing of food products at the face value thereof less any amount by which price support for wheat accompanied by domestic certifi- cates exceeds $2 per bushel. Statutory Notes and Related Subsidiaries EFFECTIVE AND TERMINATION DATES OF 1970 AMENDMENT Section 403(a) of Pub. L. 91–524 provided that the amendment made by that section is effective only with respect to marketing years beginning July 1, 1971, July 1, 1972, and July 1, 1973. INAPPLICABILITY OF SECTION Section inapplicable to 2014 through 2018 crops of cov- ered commodities, cotton, and sugar and inapplicable to milk during period beginning Feb. 7, 2014, through Dec. 31, 2018, see section 9092(a)(3) of this title. Section inapplicable to 2008 through 2012 crops of cov- ered commodities, peanuts, and sugar and inapplicable to milk during period beginning June 18, 2008, through Dec. 31, 2012, see section 8782(a)(3) of this title. Section inapplicable to 2002 through 2007 crops of cov- ered commodities, peanuts, and sugar and inapplicable to milk during period beginning May 13, 2002, through Dec. 31, 2007, see section 7992(a)(3) of this title. Section inapplicable to 1996 through 2001 crops of loan commodities, peanuts, and sugar and inapplicable to milk during period beginning Apr. 4, 1996, and ending Dec. 31, 2002, see section 7301(a)(1)(H) of this title. Section inapplicable to wheat processors or exporters during period June 1, 1991, through May 31, 1996, see section 302 of Pub. L. 101–624, set out as a note under section 1379d of this title. Section inapplicable to wheat processors or exporters during period June 1, 1986, through May 31, 1991, see section 309 of Pub. L. 99–198, set out as a note under sec- tion 1379d of this title. Section inapplicable to wheat processors or exporters during period June 1, 1982, through May 31, 1986, see section 302 of Pub. L. 97–98, set out as a note under sec- tion 1379d of this title. Section inapplicable to wheat processors or exporters during period July 1, 1973, through May 31, 1982, see sec- tion 403 of Pub. L. 95–113, set out as a note under sec- tion 1379d of this title. Section inapplicable to wheat processed or exported during period July 1, 1973, through June 30, 1978, see section 403(b) of Pub. L. 91–524, as added by section 1(10) of Pub. L. 93–86, set out as a note under section 1379d of this title. § 1379f. Conversion factors The Secretary shall establish conversion fac- tors which shall be used to determine the amount of wheat contained in any food product. The conversion factor for any such food product shall be determined upon the basis of the weight of wheat used in the manufacture of such prod- uct. (Feb. 16, 1938, ch. 30, title III, § 379f, as added Pub. L. 87–703, title III, § 324(2), Sept. 27, 1962, 76 Stat. 629.) Statutory Notes and Related Subsidiaries INAPPLICABILITY OF SECTION Section inapplicable to 2014 through 2018 crops of cov- ered commodities, cotton, and sugar and inapplicable to milk during period beginning Feb. 7, 2014, through Dec. 31, 2018, see section 9092(a)(3) of this title. Section inapplicable to 2008 through 2012 crops of cov- ered commodities, peanuts, and sugar and inapplicable to milk during period beginning June 18, 2008, through Dec. 31, 2012, see section 8782(a)(3) of this title.

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 1379e — Wheat marketing allocation; amount; national allocation percentage; commercial and noncommercial wheat-producing areas

During any marketing year for which a marketing quota is in effect for wheat, beginning with the marketing year for the 1964 crop, a wheat marketing allocation program shall be in effect as provided in this part. Whenever a wheat marketing allocation program is in effect for any marketing year the Secretary shall determine (1) the wheat marketing allocation for such year which shall be the amount of wheat which in determining the national marketing quota for such marketing year he estimated would be used during such year for food products for consumption in the United States, and that portion of the amount of wheat which in determining such quota he estimated would be exported in the form of wheat or products thereof during the marketing year on which the Secretary determines that marketing certificates shall be issued to producers in order to achieve, insofar as practicable, the price and income objectives of this part, and (2) the national allocation percentage which shall be the percentage which the national marketing allocation is of the national marketing quota. Each farm shall receive a wheat marketing allocation for such marketing year equal to the number of bushels obtained by multiplying the number of acres in the farm acreage allotment for wheat by the projected farm yield, and multiplying the resulting number of bushels by the national allocation percentage. If a noncommercial wheat-producing area is established for any marketing year, farms in such area shall be given wheat marketing allocations which are determined by the Secretary to be fair and reasonable in relation to the wheat marketing allocation given producers in the commercial wheat-producing area.

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