Pub. L. 95-113, tit. IV, sec. 408
commodity credit corporation sales price restrictions for wheat and feed grains
commodity credit corporation sales price restrictions for wheat and feed grains Sec. 408. Effective only with respect to the marketing years for the 1978 through 1981 crops, section 407 of the Agricultural Act of 1949, as amended, is amended by— (1) striking out in the third sentence the language following the third colon and inserting in lieu thereof the following: “Provided, That the Corporation shall not sell any of its stocks of wheat, com, grain sorghum, barley, oats, and rye respectively at 91 STAT. 928less than 115 per centum of the current national average loan rate for the commodity, adjusted for such current market differentials reflecting grade, quality, location, and other value factors as the Secretary determines appropriate, plus reasonable carrying charges.”; (2) striking out in the fifth sentence “current basic county sup-port rate including the value of any applicable price-support payment in kind (or a comparable price if there is no current basic county support rate)” and inserting in lieu thereof the following: “current basic county loan rate (or a comparable price if there is no current basic county loan rate)”; and (3) striking out in the seventh sentence “, but in no event shall the purchase price exceed the then current support price for such commodities” and inserting in lieu thereof the following: “or unduly affecting market prices, but in no event shall the purchase price exceed the Corporation’s minimum sales price for such commodities for unrestricted use”.