1995 U.S. Code
Title 7 - AGRICULTURE
CHAPTER 34 - SUGAR PRODUCTION AND CONTROL
SUBCHAPTER I_2 - SUBCHAPTER I-GENERAL PROVISIONS
Sec. 1426 - Advance announcement of price support levels

The Secretary shall, insofar as practicable, announce the level of price support for field crops in advance of the planting season and for other agricultural commodities in advance of the beginning of the marketing year or season (January 1 in the case of commodities not marketed on a marketing year or season basis), but the level of price support so announced shall not exceed the estimated maximum level of price support specified in this Act, based upon the latest information and statistics available to the Secretary when such level of price support is announced; and the level of price support so announced shall not be reduced if the maximum level of price support when determined, is less than the level so announced.

(1) Notwithstanding any other provision of law, the Secretary may offer an option to producers of the 1996 crop of wheat, feed grains, upland cotton, extra long staple cotton, rice, or oilseeds and to dairy producers for the 1996 calendar year to participate in commodity price support, production adjustment, and payment programs as provided in this subsection.

(2) The Secretary may offer such programs based on the terms and conditions as are provided in sections 101(h),1 101B, 103B, 105B, 107B, 114, 204, and 205 of the Agricultural Act of 1949 [7 U.S.C. 1441(h), 1441–2, 1444–2, 1444f, 1445b–3a, 1445j, 1446e, and 1446f], and any other relevant provisions of the Agricultural Act of 1949, as determined by the Secretary. Any established price or loan and purchase level made available in accordance with this subsection shall be established at the same level as that established for the 1995 crop or, in the case of milk, for the 1995 calendar year.

(3) The Secretary may offer each of the programs provided for by this subsection if the Secretary has not made final announcement of the terms of the commodity price support, production adjustment, or payment programs for the 1996 crops of wheat, feed grains, cotton, rice, or oilseeds, or the 1996 calendar year for dairy on or before the later of—

(A) in the case of wheat, June 1, 1995;

(B) in the case of feed grains, September 30, 1995;

(C) in the case of upland cotton, November 1, 1995;

(D) in the case of extra long staple cotton, December 1, 1995;

(E) in the case of rice, January 31, 1996;

(F) in the case of oilseeds, July 15, 1995; and

(G) in the case of dairy, November 1, 1995.

(4) Producers may not participate in such programs unless a law has been enacted subsequent to November 28, 1990, that provides for loans and purchases for the 1996 crop of wheat, feed grains, cotton, rice, or oilseeds, or for dairy for the 1996 calendar year.

(5) The Secretary may use the funds, facilities and authorities of the Commodity Credit Corporation in carrying out this subsection.

(Oct. 31, 1949, ch. 792, title IV, §406, 63 Stat. 1055; Dec. 23, 1985, Pub. L. 99–198, title X, §1016, 99 Stat. 1457; Nov. 28, 1990, Pub. L. 101–624, title XI, §1129, 104 Stat. 3508; Dec. 13, 1991, Pub. L. 102–237, title I, §113(11), 105 Stat. 1838.)

This Act and the Agricultural Act of 1949, referred to in subsecs. (a) and (b)(2), are references to act Oct. 31, 1949, ch. 792, 63 Stat. 1051, as amended, which is classified principally to this chapter (§1421 et seq.). For complete classification of this Act to the Code, see Short Title note set out under section 1421 of this title and Tables.

Section 101(h) of the Agricultural Act of 1949, referred to in subsec. (b)(2), was classified to section 1441(h) of this title and was omitted from the Code because such subsec. (h) was effective only for the 1978 through 1981 crops of rice.

1991—Subsec. (b)(4). Pub. L. 102–237 substituted “November 28, 1990,” for “the date of enactment of this subsection”.

1990—Subsec. (b). Pub. L. 101–624 amended subsec. (b) generally, substituting provisions relating to program option for the producers of 1996 crops of wheat, feed grains, upland cotton, extra long staple cotton, rice or oilseeds and to dairy producers for 1996 calendar year, for provisions relating to optional program for producers of 1987 through 1991 crops of wheat, feed grains, upland cotton and rice.

1985—Pub. L. 99–198 designated existing provisions as subsec. (a) and added subsec. (b).

Amendment by Pub. L. 101–624 effective beginning with 1991 crop of an agricultural commodity, with provision for prior crops, see section 1171 of Pub. L. 101–624, set out as a note under section 1421 of this title.

This section is referred to in sections 1428, 1444 of this title.

1 See References in Text note below.