§ 1441a. — Cost of production study and establishment of current national weighted average cost of production.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC1441a]
TITLE 7--AGRICULTURE
CHAPTER 35A--PRICE SUPPORT OF AGRICULTURAL COMMODITIES
SUBCHAPTER II--BASIC AGRICULTURAL COMMODITIES
Sec. 1441a. Cost of production study and establishment of
current national weighted average cost of production
The Secretary of Agriculture, in cooperation with the land grant
colleges, commodity organizations, general farm organizations, and
individual farmers, shall conduct a cost of production study of the
wheat, feed grain, cotton, and dairy commodities under the various
production practices and establish a current national weighted average
cost of production. This study shall be updated annually and shall
include all typical variable costs, including interest costs, a return
on fixed costs, and a return for management.
(Pub. L. 91-524, title VIII, Sec. 808, as added Pub. L. 93-86,
Sec. 1(27)(B), Aug. 10, 1973, 87 Stat. 237; amended Pub. L. 97-98, title
XI, Sec. 1117, Dec. 22, 1981, 95 Stat. 1271.)
Codification
Section was enacted as part of the Agricultural Act of 1970 as added
by the Agriculture and Consumer Protection Act of 1973, and not as part
of the Agricultural Act of 1949 which is classified principally to this
chapter. For complete classification of the 1949 Act to the Code, see
Short Title note set out under section 1421 of this title and Tables.
Amendments
1981--Pub. L. 97-98 inserted ``including interest costs,'' after
``variable costs,'', substituted ``, and a return for management'' for
``equal to the existing interest rates charged by the Federal Land Bank,
and return for management comparable to the normal management fees
charged by other comparable industries'', and struck out provision that
these studies be based upon the size unit that requires one man to farm
on a full-time basis.
Effective Date of 1981 Amendment
Amendment by Pub. L. 97-98 effective Dec. 22, 1981, see section 1801
of Pub. L. 97-98, set out as an Effective Date note under section 4301
of this title.
