Glossary Home | Glossary Entry Sources | Submit New Term or Provide Feedback

commodity loan rates

Owned by Dennis Daggett (Deactivated)
2018-02-16
1 min read

Price per unit (pound, bushel, bale, or hundredweight) at which the CCC provides nonrecourse loans to farmers to enable them to hold program crops for later sale. Commodity loans under the FAIR Act of 1996 are recourse for sugar in years that imports are below 1.5 million short tons, and will become recourse for dairy in 2000.

Authorization Path: 2.5.7.2.27.0

Glossary Home | Glossary Entry Sources | Submit New Term or Provide Feedback