Commodity loan rates

Commodity loan rates

Price per unit (pound, bushel, bale, or hundredweight) at which the CCC provides nonrecourse loans to farmers to enable them to hold programme 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.

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Part of Speech: noun
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Industry/Domain: Agriculture
Category: Agricultural programs & laws
Company: USDA
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commodity loan rates

Agriculture; Agricultural programs & laws

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 ...

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