Sec. 101. [PRICE SUPPORT LEVELS]

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## Sec. 101 **[**PRICE SUPPORT LEVELS**]** **[**[7 U.S.C. 1441](/us/usc/t7/s1441)**]** The Secretary of Agriculture (hereinafter called the “Secretary”) is authorized and directed to make available through loans, purchases, or other operations, price support to cooperators for any crop of any basic agricultural commodity, if producers have not disapproved marketing quotas for such crop, at a level not in excess of 90 per centum of the parity price of the commodity nor less than the level provided in subsections (a), (b), and

(c)as follows: *

(a)For corn and wheat, if the supply percentage as of the beginning of the marketing year is:* *The level of support shall be not less than the following percentage of the parity price:* *Not more than 102* *90 * *More than 102 but not more than 104* *89 * *More than 104 but not more than 106* *88 * *More than 106 but not more than 108* *87 * *More than 108 but not more than 110* *86 * *More than 110 but not more than 112* *85 * *More than 112 but not more than 114* *84 * *More than 114 but not more than 116* *83 * *More than 116 but not more than 118* *82 * *More than 118 but not more than 120* *81 * *More than 120 but not more than 122* *80 * *More than 122 but not more than 124* *79 * *More than 124 but not more than 126* *78 * *More than 126 but not more than 128* *77 * *More than 128 but not more than 130* *76 * *More than 130* *75 * For rice of the 1959 and 1960 crops, the level of support shall be not less than 75 per centum of the parity price. For rice of the 1961 crop the level of support shall be not less than 70 per centum of the parity price. For the 1962 and subsequent crops of rice the level of support shall be not less than 65 per centum of the parity price. *(b) For cotton, if the supply percentage as of the beginning of the marketing year is:* *The level of support shall be not less than the following percentage of the parity price:* *More than 108* *90 * *More than 108 but not more than 110* *89 * *More than 110 but not more than 112* *88 * *More than 112 but not more than 114* *87 * *More than 114 but not more than 116* *86 * *More than 116 but not more than 118* *85 * *More than 118 but not more than 120* *84 * *More than 120 but not more than 122* *83 * *More than 122 but not more than 124* *82 * *More than 124 but not more than 125* *81 * *More than 125 but not more than 126* *80 * *More than 126 but not more than 127* *79 * *More than 127 but not more than 128* *78 * *More than 128 but not more than 129* *77 * *More than 129 but not more than 130* *76 * *More than 130* *75 * ###

(c)Notwithstanding the foregoing provisions of this section— #### (1)2 2This para. was applicable only to the 1950 crop of basic agricultural commodities. #### (2)3 3This para. was applicable only to the 1951 crop of basic agricultural commodities. ####

(3)the level of price support to cooperators for any crop of a basic agricultural commodity for which marketing quotas have been disapproved by producers shall be 50 per centum of the parity price of such commodity; #### (4)4 4Para.

(4)was repealed, effective with the 1959 crop, by sec. 201 of the Agricultural Act of 1958, P.L. 85–835, 72 Stat. 993, Aug 28, 1958. ####

(5)price support may be made available to noncooperators at such levels, not in excess of the level of price support to cooperators, as the Secretary determines will facilitate the effective operation of the program. #### (6)5 5Para.

(6)was applicable only to the 1953–1955 crops of basic agricultural commodities. ####

(7)Where a State is designated under section 335(e) of the Agricultural Adjustment Act of 1938, as amended, **[**[7 U.S.C. 1335(e)](/us/usc/t7/s1335/e)**]** as outside the commercial wheat-producing area for any crop of wheat, the level of price support for wheat to cooperators in such State for such crop of wheat shall be 75 per centum of the level of price support to cooperators in the commercial wheat-producing area. ###

(d)Rice The Secretary shall make available to producers of each crop of rice on a farm price support at a level that is not less than 50 percent, or more than 90 percent of the parity price for rice as the Secretary determines will not result in increasing stocks of rice to the Commodity Credit Corporation. **[**(f)6 6Repealed effective beginning with the 1984 crop of extra long staple cotton by sec. 2 of the Extra Long Staple Cotton Act of 1983, P.L. 98–88, 97 Stat. 494, August 26, 1983.**]** **[**(g)7 7Subsec.

(g)was added by sec. 102 of the Rice Production Act of 1975, P.L. 94–214, 90 Stat. 181, Feb. 16, 1976, effective only for the 1976 and 1977 crops of the rice, and struck by sec. 612(b)(2) of P.L. 108–357, 108 Stat. 1523, Oct. 22, 2004.**]** **[**(h)8 8Subsec.

(h)added by sec. 702 of the Food and Agriculture Act of 1977, P.L. 95–113, 91 Stat. 940, Sept. 29, 1977, effective for the 1978–1981 crops of rice, and struck by sec. 612(b)(2) of P.L. 108–357, 108 Stat. 1523, Oct. 22, 2004.**]** **[**(i)9 9Subsec.

(i)was added by sec. 602 of the Agriculture and Food Act of 1981, P.L. 97–98, 95 Stat. 1242, Dec. 22, 1981, effective for the 1982–1985 crops of rice, and struck by sec. 612(b)(2) of P.L. 108–357, 108 Stat. 1523, Oct. 22, 2004.**]**

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