SEC. 409. [This section contains amendments to the Agricultural Adjustment Act of 1938. These amendments are included in that Act, as it appears in this compilation.]

SEC. 410. [This section contains an amendment to section 4 of the Act of March 8, 1938 (15 U.S.C. 713a-4) relating to the borrowing power of Commodity Credit Corporation (p. 237).]

SEC. 411. [This section contains an amendment to section 32 of Pub. L. 320, 74th Congress (p. 215).]

DETERMINATIONS BY SECRETARY

SEC. 412. Determinations made by the Secretary under this Act shall be final and conclusive: Provided, That the scope and nature of such determinations shall not be inconsistent with the provisions of the Commodity Credit Corporation Charter Act. (7 U.S.C. 1429.)

WHEN PRICE SUPPORT PROVISIONS EFFECTIVE

SEC. 413. This Act shall not be effective with respect to price support operations for any agricultural commodity for any marketing year or season commencing prior to January 1, 1950, except to the extent that the Secretary of Agriculture shall, without reducing price support theretofore undertaken or announced, elect to apply the provisions of this Act. (7 U.S.C. 1430.)

REPEAL OF PREVIOUS LEGISLATION

SEC. 414. Section 302 of the Agricultural Adjustment Act of 1938, as amended, and any provision of law in conflict with the provisions of this Act are hereby repealed. (7 U.S.C. 1421 note.)

SEC. 415. [This section contains amendments to the Agricultural Act of 1948 and the Agricultural Adjustment Act of 1938.]

DISPOSITION OF COMMODITIES TO PREVENT WASTE

SEC. 416.58 In order to prevent the waste of commodities whether in private stocks or 59 acquired through price-supported operations by the Commodity Credit Corporation before they can be disposed of in normal domestic channels without impairment of the price-support program or sold abroad at competitive world prices, the Commodity Credit Corporation is authorized, on such terms and under such regulations as the Secretary may deem in the public interest: (1) upon application, to make such commodities available to any Federal agency for use in making payment for commodities not produced in the United States; (2) to barter or exchange such commodities for stra

58 The provisions of this section were substituted for the previous provisions by section 302 of the Agricultural Trade Development and Assistance Act of 1954, 68 Stat. 458. See section 9 of the Act of September 6, 1958, 72 Stat. 1792 (on p. 219) providing for distribution of commodities under section 416 to overseas areas under the jurisdiction or administration of the United States.

The Food for Peace Act of 1966, Pub. L. 89-808, 80 Stat. 1538, approved November 11, 1966, deleted all references to foreign donations from section 416. Such deletions are effective January 1, 1967.

50 The words "whether in private stocks or" were added by the Act of July 24, 1959, 73 Stat. 250.

60

tegic or other materials as authorized by law; (3) in the case of food commodities to donate such commodities to the Bureau of Indian Affairs and to such State, Federal, or private agency or agencies as may be designated by the proper State or Federal authority and approved by the Secretary, for use in the United States in nonprofit school-lunch programs, in nonprofit summer camps for children," in the assistance of needy persons, and in charitable institutions, including hospitals, to the extent that needy persons are served. In the case of (3) the Secretary shall obtain such assurance as he deems necessary that the recipients thereof will not diminish their normal expenditures for food by reason of such donation. In order to facilitate the appropriate disposal of such commodities, the Secretary may from time to time estimate and announce the quantity of such commodities which he anticipates will become available for distribution under (3). The Commodity Credit Corporation may pay, with respect to commodities disposed of under this section, reprocessing, packaging, transporting, handling, and other charges accruing up to the time of their delivery to a Federal agency or to the designated State or private agency. In addition, in the case of food commodities disposed of under this section, the Commodity Credit Corporation may pay the cost of processing such commodities into a form suitable for home or institutional use, such processing to be accomplished through private trade facilities to the greatest extent possible." For the purpose of this section the terms "State" and "United States" include the District of Columbia and any Territory or possession of the United States. (7 U.S.C. 1431.)

STORAGE STRUCTURE LOANS TO COOPERATIVES

SEC. 417. (a) Section 41 of the Farm Credit Act of 1933 (U.S.C., title 12, sec. 1134c) is amended by adding at the end thereof the following:

"Notwithstanding any limitations or conditions imposed by law, but subject to the availability of funds, each Bank for Cooperatives shall have power and authority to make separate loans to cooperative associations as defined in the Agricultural Marketing Act, as amended, for the purpose of financing the construction of structures for the storage of agricultural commodities (other than structures to provide refrigerated cold storage or structures in areas in which existing privately owned storage facilities for the commodity concerned are adequate) in amounts up to a maximum of 80 per centum of the cost of such structures, as approved by the Bank for Cooperatives to whom application is made for the loan: Provided, That the cooperative association which has applied for any loan shall have furnished to the Bank for Cooperatives an appropriate commitment from the Commodity Credit Corporation that the Commodity Credit Corporation will lease or guarantee utilization of not less than 75 per centum of

60 See Act of September 13. 1960. 74 Stat. 899 (p. 222) authorizing the use of surplus foods for training home economics students. 61 The words "in nonprofit summer camps for children," were added by the Act of July 2, 1958, 72 Stat. 286.

62 This sentence was added by the Agricultural Act of 1956, 70 Stat. 203.

the storage space contained in such structures when completed for a period of at least three years if such structures are not additions to existing structures, or two years if such structures are additions to existing structures."

(b) Section 34 of the Farm Credit Act of 1933 (U.S.C., title 12, sec. 1134j) is amended by adding at the end thereof the following:

"Notwithstanding any limitations or conditions imposed by law, but subject to the availability of funds, the Central Bank for Cooperatives shall have power and authority to make separate loans to cooperative associations as defined in the Agricultural Marketing Act, as amended, for the purpose of financing the construction of structures for the storage of agricultural commodities (other than structures to provide refrigerated cold storage or structures located in areas in which existing privately owned storage facilities for the commodity concerned are adequate) in amounts up to a maximum of 80 per centum of the cost of such structures, as approved by such bank: Provided, That the cooperative association which has applied for any loan shall have furnished to such bank an appropriate commitment from the Commodity Credit Corporation that the Commodity Credit Corporation will lease or guarantee utilization of not less than 75 per centum of the storage space contained in such structures when completed for a period of at least three years if such structures are not additions to existing structures, or two years if such structures are additions to existing structures." 63

SECS. 418 and 419. [These sections contain amendments to the Agricultural Adjustment Act of 1938. These amendments are included in that Act as it appears in this compilation.]

PRICE SUPPORT FOR COTTONSEED

SEC. 420. Any price support program in effect on cottonseed or any of its products shall be extended to the same seed and products of the cottons defined under section 347 (a) of the Agricultural Adjustment Act of 1938, as amended. (7 U.S.C. 1432.)

SEC. 421. [This section was added by Pub. L. 88-585, 78 Stat. 927, approved September 11, 1964. It appears on p. 232.]

63 See also section 4 (h) of the Commodity Credit Corporation Charter Act (p. 139), which provides for loans by the Corporation to grain growers to finance the construction or purchase of storage facilities.

64 This section was added by the Act of July 17, 1952, 66 Stat. 259. See also section 203 of this Act.

AGRICULTURAL ACT OF 19541

AN ACT

To provide for greater stability in agriculture; to augment the marketing and disposal of agricultural products; and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

TITLE I—SET ASIDE OF AGRICULTURAL COMMODITIES

[This title is no longer in effect since the set aside and disposition of the commodities involved have been completed as required. See p. 148 of Agriculture Handbook No. 192 for the text.]

TITLE II—AMENDMENTS TO AGRICULTURAL ACT OF 1949, AS AMENDED, AND RELATED LEGISLATION

[This title contains amendments to the Agricultural Act of 1949, which are incorporated in that Act as contained in this compilation, and amendments to related legislation.]

TITLE III-AMENDMENTS TO AGRICULTURAL ADJUSTMENT ACT OF 1938, AND RELATED LEGISLATION

[This title contains amendments to the Agricultural Adjustment Act of 1938, which are incorporated in that Act as contained in this compilation, and amendments to related legislation.]

TITLE IV-AMENDMENTS TO AGRICULTURAL MARKETING AGREEMENT ACT OF 1937

[This title contains amendments to the Agricultural Marketing Agreement Act of 1937, which are incorporated in that Act as contained in this compilation.]

TITLE V-AMENDMENTS TO SOIL CONSERVATION AND DOMESTIC ALLOTMENT ACT

[This title contains amendments to the Soil Conservation and Domestic Allotment Act, which are incorporated in that Act as contained in this compilation.]

TITLE VI-AGRICULTURAL ATTACHÉS

[This title appears on p. 321 in the Miscellaneous Laws Section.]

1 Approved August 28, 1954, 68 Stat. 897.

TITLE VII-NATIONAL WOOL ACT OF 1954

SEC. 701. This title may be cited as the "National Wool Act of 1954.” SEC. 702. It is hereby recognized that wool is an essential and strategic commodity which is not produced in quantities and grades in the United States to meet the domestic needs and that the desired domestic production of wool is impaired by the depressing effects of wide fluctuations in the price of wool in the world markets. It is hereby declared to be the policy of Congress, as a measure of national security and in promotion of the general economic welfare, to encourage the annual domestic production of approximately three hundred million pounds of shorn wool, grease basis, at prices fair to both producers and consumers in a manner which will have the least adverse effects upon foreign trade. (7 U.S.C. 1781.)

SEC. 703.2 The Secretary of Agriculture shall, through the Commodity Credit Corporation, support the prices of wool and mohair, respectively, to the producers thereof by means of loans, purchases, payments, or other operations. Such price support shall be limited to wool and mohair marketed during the period beginning April 1, 1955, and ending December 31, 1970. The support price for shorn wool shall be at such incentive level as the Secretary, after consultation with producer representatives, and after taking into consideration prices paid and other cost conditions affecting sheep production, determines to be necessary in order to encourage an annual production consistent with the declared policy of this title: Provided, That the support price for shorn wool shall not exceed 110 per centum of the parity price therefor: Provided further, That the support price for shorn wool for the 1966 and each subsequent marketing year shall be determined by multiplying 62 cents by the ratio of (i) the average of the parity index (the index of prices paid by farmers, including commodities and services, interest, taxes, and farm wage rates, as defined in section 301 (a) (1) (C) of the Agricultural Adjustment Act of 1938, as amended) for the three calendar years immediately preceding the calendar year in which such price support is determined and announced to (ii) the average parity index for the three calendar 1958, 1959, and 1960, and rounding the resulting amount to the nearest full cent. The support prices for pulled wool and for mohair shall be established at such levels, in relationship to the support price for shorn wool, as the Secretary determines will maintain normal marketing practices for pulled wool, and as the Secretary shall determine is necessary to maintain approximately the same percentage of parity for mohair as for shorn wool. The deviation of mohair support prices shall not be calculated so as to cause it to rise or fall more than 15 per centum above or below the comparable percentage of parity at which shorn wool is supported. Notwithstanding the foregoing, no price support shall be made available, other than through payments, at a level in excess of 90 per centum of the parity price for the commodity. The Secretary shall, to the extent practicable, announce the

years

2 The Food and Agriculture Act of 1965, Pub. L. 89-321, 79 Stat. 1188, approved November 3, 1965, amended this section by extending the period for price support to December 31, 1969; by adding a second proviso to the third sentence; and by deleting the fourth sentence. The period was extended to December 31, 1970, by Pub. L. 90-559, 82 Stat. 996, approved October 11, 1968.