Pub. L. 89-321, tit. V, sec. 513
Pub. L. 89-321, tit. V, sec. 513
Sec. 513. (a) Section 379d(b) of the Agricultural Adjustment Act of 1938 is amended by striking out the second sentence and substituting the following: “The cost of the export marketing certificates per bushel to the exporter shall be that amount determined by the Secretary on a daily basis which would make United States wheat and wheat flour generally competitive in the world market, avoid disruption of world market prices, and fulfill the international obligations of the United States.” (b) Section 379c(a) of such Act is amended by striking out everything in the next to the last sentence beginning with the words “United States” and substituting the following: “United States. The Secretary shall also provide for the issuance of export, marketing certificates to eligible producers at the end of the marketing year on a pro rata basis. For such purposes, the value per bushel of export marketing certificates shall be an average of the total net proceeds from the sale of export marketing certificates during the marketing year after 79 Stat. 1206deducting the total amount of wheat export subsidies paid to exporters.” (c) Section 379c(c) of such Act is amended by striking out “and the face value per bushel of export certificates shall be the amount by which the level of price support for wheat accompanied by export certificates exceeds the level of price support for noncertificate wheat”.