Pub. L. 100-418, tit. IV, subtit. C, sec. 4302

PRICE SUPPORT PROGRAMS FOR SUNFLOWER SEEDS AND COTTONSEED.

EnactedYear: 1988Length: 223 wordsOfficial source
SEC. 4302. PRICE SUPPORT PROGRAMS FOR SUNFLOWER SEEDS AND COTTONSEED. (a) Sunflower Seeds.—If producers are permitted to repay loans for the 1990 crop of soybeans under section 20 l(i) of the Agricultural Act of 1949 (7 U.S.C. 1446(i)) at a level that is less than the full amount of the loan pursuant to section 4301 of this Act, the Secretary shall support the price of sunflower seeds through loans and purchases for the 1990 crop of sunflowers in accordance with section 201(1) of the Agricultural Act of 1949. (b) Cottonseed.—If a producer is permitted to repay a loan for the 1990 crop of soybeans under section 201(i) of the Agricultural Act of 1949 (7 U.S.C. 1446(i)) at a level that is less than the full amount of the loan pursuant to section 4301 of this Act, the Secretary shall support the price of the 1990 crop of cottonseed at such level as the Secretary determines will cause cottonseed to compete on equal terms with soybeans on the market. The Secretary snail carry out this subsection using the funds, facilities, and authorities of the Commodity Credit Corporation. (c) Discontinuance.—If the marketing loan program for the 1990 crop of soybeans is discontinued under section 4301(b)(3) of this Act, the Secretary shall discontinue the price support programs for sunflower seeds and cottonseed required by this section.
Pub. L. 100-418, tit. IV, subtit. C, sec. 4302: PRICE SUPPORT PROGRAMS FOR SUNFLOWER SEEDS AND COTTONSEED. | Justis AI