What US Food, Conservation, and Energy Act of 2008 (7 USC ch 113): Commodity Payments and Marketing Assistance Loans requires
The commodity title of the Food, Conservation, and Energy Act of 2008 (the 2008 Farm Bill, 7 U.S.C. ch. 113, sections 8702 to 8793) provides direct payments, counter-cyclical payments, and nonrecourse marketing assistance loans to producers of covered commodities, administered by the Secretary of Agriculture through the Farm Service Agency and the Commodity Credit Corporation. Section 8702 defines the terms, providing that covered commodity includes wheat, corn, grain sorghum, barley, oats, upland cotton, long grain rice, medium grain rice, pulse crops, soybeans, and other oilseeds, that loan commodity adds extra long staple cotton, wool, mohair, honey, dry peas, lentils, and chickpeas, and that producer means an owner, operator, landlord, tenant, or sharecropper that shares in the risk of producing a crop. Section 8711 governs base acres and provides that a farm with 10 acres or less of base acres is generally ineligible for payments, with exceptions for socially disadvantaged and limited resource farmers. Section 8716 requires a producer agreement, under which the producer must comply with conservation requirements, wetland protection, and planting flexibility rules and must maintain the land for an agricultural or conserving use. Section 8717 sets the planting flexibility, prohibiting the planting of fruits, vegetables other than mung beans and pulse crops, and wild rice on base acres unless destroyed before harvest. Section 8731 provides for the availability of nonrecourse marketing assistance loans for loan commodities, section 8732 sets the loan rates, and section 8734 governs the repayment of loans. Subchapter III provides the peanut program. The Act is a foundational modern farm-support statute.
Pillar: Agriculture & Agritech · Authority: US Congress / Department of Agriculture (Farm Service Agency) · Version: 1.0.0 · Last updated:
Primary source: https://www.govinfo.gov/content/pkg/USCODE-2022-title7/html/USCODE-2022-title7-chap113.htm
SHA-256 integrity: 039f5c559b12fc1254c5ad11a0821b339ffff88b5b110b68a895e8a502e695d5
Primary Citations — 8 traced to source
- Food, Conservation, and Energy Act of 2008, 7 U.S.C. 8702 - definitions; covered commodity, loan commodity, and producer.
- Food, Conservation, and Energy Act of 2008, 7 U.S.C. 8711 - base acres; payment limitation for farms of 10 acres or less.
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