Title 7 — Agriculture
Chapter 42 — Agricultural Commodity Set-Aside
§ 1741. Maximum and minimum quantities for set-aside; “commodity set-aside” defined
Statutory text
The Commodity Credit Corporation shall, as rapidly as the Secretary of Agriculture shall determine to be practicable, set aside within its inventories not more than the following maximum quantities and not less than the following minimum quantities of agricultural commodities or products thereof heretofore or hereafter acquired by it from 1954 and prior years’ crops and production in connection with its price support operations:
| Commodity | Maximum quantity | Minimum quantity |
|---|---|---|
| Wheat (bushels) | 500,000,000 | 400,000,000 |
| Upland cotton (bales) | 4,000,000 | 3,000,000 |
| Cottonseed oil (pounds) | 500,000,000 | 0 |
| Butter (pounds) | 200,000,000 | 0 |
| Nonfat dry milk solids (pounds) | 300,000,000 | 0 |
| Cheese (pounds) | 150,000,000 | 0 |
Such quantities shall be known as the “commodity set-aside”.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
(Aug. 28, 1954, ch. 1041, title I, § 101, 68 Stat. 897.) · 68 Stat. 897
Enacted · 7 U.S.C. § 1741
(Aug. 28, 1954, ch. 1041, title I, § 101, 68 Stat. 897.)
Source evidence
Code source credit
(Aug. 28, 1954, ch. 1041, title I, § 101, 68 Stat. 897.)
0 of 1 references resolved to an enrolled provision · 1 partial
Statutory Notes and Related Subsidiaries
Short Title
Act , enacting sections 397, 1446b and 1446c of this title, this chapter, chapters 43 and 44 of this title, and section 590h–3 of Title 16, Conservation, and amending sections 602, 608c, 608e–1, 1301, 1326–1330, 1332, 1334–1335, 1340, 1344, 1371, 1374, 1421, 1428, 1441, 1446, 1446d of this title and sections 590h and 590o of Title 16, Conservation, is popularly known as the “Agricultural Act of 1954”.
Credits
(Aug. 28, 1954, ch. 1041, title I, § 101, 68 Stat. 897.)