§ 1423. Adjustments of support prices
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/usc/title-7/section-1423A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In general The Secretary may make appropriate adjustments in the support price for any commodity (excluding cotton) for differences in grade, type, quality, location and other factors. The adjustments shall, so far as practicable, be made in such manner that the average support price for the commodity will, on the basis of the anticipated incidence of such factors be equal to the level of support determined as provided in this Act. Beginning with the 1991 crops of wheat, feed grains, and soybeans for which price support is provided under this Act, the Secretary shall establish premiums and discounts related to cleanliness factors in addition to any other premiums or discounts related to quality.
(b)Adjustment in support prices for cotton The Secretary may make appropriate adjustments in the support price for cotton for differences in quality factors and location. Beginning with the 1991 crop, the quality differences (premiums and discounts for quality factors) for the upland cotton loan program shall be established by the Secretary by giving equal weight to
(1)loan differences for the preceding crop, and
(2)market differences for such crop in the designated United States spot markets.
(c)Limitation on adjustments for wheat and feed grains Notwithstanding any other provision of this section, for each of the 1990 through 1995 crops of wheat and feed grains, no adjustment in the loan rate applicable to a particular region, State, or county for the purpose of reflecting transportation differentials may increase or decrease the regional, State, or county loan rate from the level established for the previous year by more than the percentage change in the national average loan rate plus or minus 3 percent.
(Oct. 31, 1949, ch. 792, title IV, § 403, 63 Stat. 1054; Pub. L. 85–835, title I, §§ 108, 111, Aug. 28, 1958, 72 Stat. 993; Pub. L. 89–321, title VIII, § 802, Nov. 3, 1965, 79 Stat. 1213; Pub. L. 97–98, title V, § 507, Dec. 22, 1981, 95 Stat. 1241; Pub. L. 100–203, title I, § 1105, Dec. 22, 1987, 101 Stat. 1330–5; Pub. L. 101–624, title XI, § 1128, title XX, § 2011, Nov. 28, 1990, 104 Stat. 3508, 3932.)
Connections15 cite this · traces to 7
Cited by 15 sections · top 11
statutes-at-large
- Public Law 89–321
- Public Law 85–835
- Public Law 95–113To provide price and income protection for farmers and assure consumers of an abundance of food and filter at reasonable prices, and for other purposes
- Public Law 97–218To provide for the operation of the tobacco price support and production adjustment program in such a manner as to result in no net cost to taxpayers, to limit increases in the support price for tobacco, and for other purposes
- Public Law 99–197To designate certain national forest system lands in the State of Kentucky for inclusion in the National Wilderness Preservation System, to release other forest lands for multiple use management, and for other purposes
- Public Law 101–624To extend and revise agricultural price support and related programs, to provide for agricultural export, resource conservation, farm credit, and agricultural research and related programs, to ensure consumers an abundance of food and fiber at reasonable prices, and for other purposes
- Public Law 97–98To provide price and income protection for farmers, assure consumers an abundance of food and fiber at reasonable prices, continue food assistance to low-income households, and for other purposes
statute-compilations
Traces to 7 documents
U.S. Code
- Price support§ 1421
- Congressional findings and declaration of policy§ 4301
- Suspension of permanent price support authority§ 9092
- Suspension of permanent price support authority§ 8782
- Suspension of permanent price support authority§ 7992
- Suspension and repeal of permanent price support authority§ 7301
- Establishment of Department§ 2201
24 references not yet in our index
- Oct. 31, 1949, ch. 792
- 63 Stat. 1054
- Pub. L. 85–835, title I
- 72 Stat. 993
- Pub. L. 89–321, title VIII, § 802
- 79 Stat. 1213
- Pub. L. 97–98, title V, § 507
- 95 Stat. 1241
- Pub. L. 100–203, title I, § 1105
- 101 Stat. 1330–5
- Pub. L. 101–624, title XI, § 1128
- 104 Stat. 3508
- act Oct. 31, 1949, ch. 792
- 63 Stat. 1051
- Pub. L. 101–624, § 2011
- Pub. L. 101–624, § 1128
- Pub. L. 100–203
- Pub. L. 97–98
- Pub. L. 89–321
- Pub. L. 85–835
- section 1128 of Pub. L. 101–624
- section 1171 of Pub. L. 101–624
- section 1801 of Pub. L. 97–98
- 67 Stat. 633
Citation graph
cites case law
§ 1423
Adjustments of support prices
Stat.×11
Fed. Reg.×2
Stat. Comp.×1
U.S.C.×1
ActOct. 31, 1949, ch. 792
Stat.63 Stat. 1054
Pub. L.Pub. L. 85–835, title I
Stat.72 Stat. 993
Pub. L.Pub. L. 89–321, title VIII, § 802
Cites 31 · showing 12Cited by 15 across 4 sources