commodity credit corporation sales price restrictions

commodity credit corporation sales price restrictions Sec. 603. Effective only with respect to the period beginning August 1, 1978, and ending July 31, 1982. the tenth sentence of section 407 of the Agricultural Act of 1949. as amended, is amended by striking out all of that sentence through the words “110 per cen‘um of the loan rate, and (2)” and inserting in lieu thereof the. following: “Notwithstanding any other provision of law, (1) the Commodity Credit Corporation shall sell upland cotton for unrestricted use at the same prices as it sells cotton for export, in no event, however, at less than 115 per centum of the loan rate for Strict Low Middling one and one-sixteenth inch upland cotton (micronaire 3.5 through 4.9) adjusted for such current market differentials reflecting grade, quality, location, and other value factors as the Secretary determines appropriate plus reasonable carrying charges, and (2)”.