[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC1448]
TITLE 7--AGRICULTURE
CHAPTER 35A--PRICE SUPPORT OF AGRICULTURAL COMMODITIES
SUBCHAPTER III--NONBASIC AGRICULTURAL COMMODITIES
Sec. 1448. Price support levels for storable nonbasic
agricultural commodities
Without restricting price support to those commodities for which a
marketing quota or marketing agreement or order program is in effect,
price support shall, insofar as feasible, be made available to producers
of any storable nonbasic agricultural commodity for which such a program
is in effect and who are complying with such program. The level of such
support shall not be in excess of 90 per centum of the parity price of
such commodity nor less than the level provided in the following table:
If the supply percentage as of The level of support shall be not less
the beginning of the marketing than the following percentage of the
year is: parity price:
Not more than 102.............................................. 90
More than 102 but not more than 104............................ 89
More than 104 but not more than 106............................ 88
More than 106 but not more than 108............................ 87
More than 108 but not more than 110............................ 86
More than 110 but not more than 112............................ 85
More than 112 but not more than 114............................ 84
More than 114 but not more than 116............................ 83
More than 116 but not more than 118............................ 82
More than 118 but not more than 120............................ 81
More than 120 but not more than 122............................ 80
More than 122 but not more than 124............................ 79
More than 124 but not more than 126............................ 78
More than 126 but not more than 128............................ 77
More than 128 but not more than 130............................ 76
More than 130.................................................. 75
Provided, That the level of price support may be less than the
minimum level provided in the foregoing table if the Secr
