7 U.S.C. § 1444e–1 — Loans and purchases for 1986 through 1996 crops of corn

FEDERAL · 7 U.S.C. · Chapter 35A

Loans and purchases for 1986 through 1996 crops of corn

Current through Pub. L. 119-102

Title 7 — Agriculture·Ch. 35A — PRICE SUPPORT OF AGRICULTURAL COMMODITIES·Subch. II

(a)Notwithstanding any other provision of law, effective only for each of the 1986 through 1996 crops of feed grains, the Secretary of Agriculture may make available loans and purchases, as provided in this section, to producers on a farm who—

(1)for silage—

(A)cut corn (including mutilated corn) that the producers have produced in such crop year; or

(B)purchase or exchange corn (including mutilated corn) that has been produced in such crop year by another producer (including a producer that is not participating in an acreage limitation or set-aside program for such crop established by the Secretary); and

(2)participate in an acreage limitation or set-aside program for such crop of corn established by the Secretary.

(b)Such loans and purchases may be made on a quantity of corn of the

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(a) Notwithstanding any other provision of law, effective only for each of the 1986 through 1996 crops of feed grains, the Secretary of Agriculture may make available loans and purchases, as provided in this section, to producers on a farm who—
(1) for silage—
(A) cut corn (including mutilated corn) that the producers have produced in such crop year; or
(B) purchase or exchange corn (including mutilated corn) that has been produced in such crop year by another producer (including a producer that is not participating in an acreage limitation or set-aside program for such crop established by the Secretary); and
(2) participate in an acreage limitation or set-aside program for such crop of corn established by the Secretary.
(b) Such loans and purchases may be made on a quantity of corn of the same crop, other than the corn obtained for silage, acquired by the producer equivalent to a quantity determined by multiplying—
(1) the acreage of corn obtained for silage; by
(2) the lower of the farm program payment yield or the actual yield on a field, as determined by the Secretary, that is similar to the field from which such silage was obtained.

7 U.S.C. § 1444e–1 (Loans and purchases for 1986 through 1996 crops of corn) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Pub. L. 99–198, title IV, §403, Dec. 23, 1985, 99 Stat. 1406; Pub. L. 101–624, title IV, §403, Nov. 28, 1990, 104 Stat. 3419.)

Editorial Notes

Editorial Notes

Codification
Section was enacted as part of the Food Security Act of 1985, and not as part of the Agricultural 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
1990—Subsec. (a). Pub. L. 101–624 substituted "1996" for "1990" in introductory provisions.

Statutory Notes and Related Subsidiaries

Effective Date of 1990 Amendment
Amendment by Pub. L. 101–624 effective beginning with 1991 crop of an agricultural commodity, with provision for prior crops, see section 1171 of Pub. L. 101–624, set out as a note under section 1421 of this title.