**(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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Stable record: federal_law:legal_authorities:record_usc_ab4cc49e64794bb871c91166 Source file: Laws/federal/codes/united-states-code/title-7/section-1421-price-support--f86ab494b1.md Pages: Not recorded – Not recorded Passage SHA-256: d7303e074235a0571bb8e1c51d22f8d3d9572ce9fd6aae734893ea59bb90a96d Retained source evidence SHA-256: b4efc2edc28a6c667b3fc504360dbba3258bde929bbe94614d7dbe34c37b1af7
Source location: Title 7, Chapter 35A, § 1421; chapter-35a-price-support-of-agricultural-commodities.md
Stored source content
**(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 administering any program for diverted acres the Secretary may make his regulations applicable on an appropriate geographical basis. Such regulations shall be administered (1) in semiarid or other areas where good husbandry requires maintenance of a prudent feed reserve in such manner as to permit, to the extent so required by good husbandry, the production of forage crops for storage and subsequent use either on the farm or in feeding operations of the farm operator, and (2) in areas declared to be disaster areas by the President under the Disaster Relief and Emergency Assistance Act [[42 U.S.C. 5121](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section5121&num=0&edition=prelim) et seq.], in such manner as will most quickly restore the normal pattern of their agriculture.
**(d) Time of determining levels** The level of price support for any commodity shall be determined upon the basis of its parity price as of the beginning of the marketing year or season in the case of any commodity marketed on a marketing year or season basis and as of January 1 in the case of any other commodity.
**(e) Processors’ assurances; payment if assurances inadequate**
(1) Whenever any price support or surplus removal operation for any agricultural commodity is carried out through purchases from or loans or payments to processors, the Secretary shall, to the extent practicable, obtain from the processors such assurances as he deems adequate that the producers of the agricultural commodity involved have received or will receive maximum benefits from the price support or surplus removal operation.
(2)
(A) If the assurances under paragraph (1) are not adequate to cause the producers of sugar beets and sugarcane, because of the bankruptcy or other insolvency of the processor, to receive maximum benefits from the price support program within 30 days after the final settlement date provided for in the contract between such producers and processor, the Secretary, on demand made by such producers and on such assurances as to nonpayment as the Secretary shall require, shall pay such producers such maximum benefits less benefits previously received by such producers.
(B) On such payment, the Secretary shall—
(i) be subrogated to all claims of such producers against the processor and other persons responsible for nonpayment; and
(ii) have authority to pursue such claims as necessary to recover the benefits not paid to the producers.
(C) The Secretary shall carry out this paragraph through the Commodity Credit Corporation.
Cross-references
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** The Congress hereby finds and declares that—
(1) because disasters often cause loss of life, human suffering, loss of income, and property loss and damage; and
(2) because disasters often disrupt the normal functioning of governments and communities, and adversely affect individuals and families with great severity;
special measures, designed to assist the efforts of the affected States in expediting the rendering of aid, assistance, and emergency services, and the reconstruction and rehabilitation of devastated areas, are necessary.
**(b)** It is the intent of the Congress, by this chapter, to provide an orderly and continuing means of assistance by the Federal Government to State and local governments in carrying out their responsibilities to alleviate the suffering and damage which result from such disasters by—
(1) revising and broadening the scope of existing disaster relief programs;
(2) encouraging the development of comprehensive disaster preparedness and assistance plans, programs, capabilities, and organizations by the States and by local governments;
(3) achieving greater coordination and responsiveness of disaster preparedness and relief programs;
(4) encouraging individuals, States, and local governments to protect themselves by obtaining insurance coverage to supplement or replace governmental assistance;
(5) encouraging hazard mitigation measures to reduce losses from disasters, including development of land use and construction regulations;
(6) providing Federal assistance programs for both public and private losses sustained in disasters; and
(7) identifying and improving the climate and natural hazard resilience of vulnerable communities.
Stored review status: release_metadata_unconfirmed. The source passage cites 42 U.S.C. § 5121. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
§ 5121. Congressional findings and declarations
(a) The Congress hereby finds and declares
that—
(1) because disasters often cause loss of life,
human suffering, loss of income, and property
loss and damage; and
(2) because disasters often disrupt the nor-
mal functioning of governments and commu-
nities, and adversely affect individuals and
families with great severity;
special measures, designed to assist the efforts
of the affected States in expediting the ren-
dering of aid, assistance, and emergency serv-
ices, and the reconstruction and rehabilitation
of devastated areas, are necessary.
(b) It is the intent of the Congress, by this
chapter, to provide an orderly and continuing
means of assistance by the Federal Government
to State and local governments in carrying out
their responsibilities to alleviate the suffering
and damage which result from such disasters
by—
(1) revising and broadening the scope of ex-
isting disaster relief programs;
(2) encouraging the development of com-
prehensive disaster preparedness and assist-
ance plans, programs, capabilities, and organi-
zations by the States and by local govern-
ments;
(3) achieving greater coordination and re-
sponsiveness of disaster preparedness and re-
lief programs;
(4) encouraging individuals, States, and local
governments to protect themselves by obtain-
ing insurance coverage to supplement or re-
place governmental assistance;
(5) encouraging hazard mitigation measures
to reduce losses from disasters, including de-
velopment of land use and construction regu-
lations;
(6) providing Federal assistance programs
for both public and private losses sustained in
disasters; and
(7) identifying and improving the climate
and natural hazard resilience of vulnerable
communities.
(Pub. L.
Stored review status: historical_2024_not_currentness_verified. The source passage cites 42 U.S.C. § 5121. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
§ 1421. Price support
(a) Source
The Secretary shall provide the price support
authorized or required herein through the Com-
modity 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 oper-
ations are carried out, shall be determined or
approved by the Secretary. The following fac-
tors shall be taken into consideration in deter-
mining, 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 manda-
tory, the level of support in excess of the min-
imum 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
Page 702
TITLE 7—AGRICULTURE
§ 1421
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 dis-
pose of stocks acquired through a price-support
operation, (7) the need for offsetting temporary
losses of export markets, (8) the ability and will-
ingness of producers to keep supplies in line
with demand and (9), in the case of upland cot-
ton, changes in the cost of producing such cot-
ton.
(c) Compliance by producer; program for di-
verted acres
Compliance by the producer with acreage al-
lotments, production goals and marketing prac-
tices (including marketing quotas when author-
ized by law), p