Commodity Credit Corporation


Also found in: Legal, Acronyms, Wikipedia.

Commodity Credit Corporation:

see agricultural subsidiesagricultural subsidies,
financial assistance to farmers through government-sponsored price-support programs. Beginning in the 1930s most industrialized countries developed agricultural price-support policies to reduce the volatility of prices for farm products and to increase,
..... Click the link for more information.
.
Mentioned in ?
References in periodicals archive ?
EEP was established in 1985, first by the Secretary of Agriculture under authority granted in the Commodity Credit Corporation Charter Act, and then under the Food Security Act of 1985 (P.L.
* $1.05 billion for the Commodity Credit Corporation for crop loss payments to farmers; and
Department of Agriculture Commodity Credit Corporation Food and Nutrition Service
His administration thus paid farmers to induce their voluntary cooperation and, when this failed to raise prices, created the Commodity Credit Corporation to intervene directly in markets.
The enterprising yeoman keeps the subsidy but also gets himself a loan from the government-owned Commodity Credit Corporation. The idea behind these loans is to give farmers enough money to keep them afloat until prices rise.
treasury: the Commodity Credit Corporation and the Export-Import Bank.
Funding for the plan is provided through the Commodity Credit Corporation (CCC), which is funded each year by the Agriculture Appropriations Committee chaired by Senator Hoeven.
The legislation proposed last year contained only one sentence: "The Secretary of Agriculture may not directly, or through the Commodity Credit Corporation, make payments to the Brazilian Cotton Institute."
As a result, FSA and the Commodity Credit Corporation published notices in the Federal Register on July 3, 2006, and August 14, 2006, allowing USWA grain licensees to request the licensing of emergency and temporary storage space under the USWA for wheat, corn and other feed grains under certain conditions.
The funding includes $40.7 billion for the food stamp program, $12.4 billion for school meal programs, and $25.7 billion for the Commodity Credit Corporation, which aids farmers.
The Commodity Credit Corporation (CCC) reassigned allotment from companies that were not expected to fulfill their allocation to companies that have a greater capacity to do so.

Full browser ?