Commodity Credit Corporation July 3, 2006 – Federal Register Recent Federal Regulation Documents
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Storage Requirements for Grain Security for Marketing Assistance Loans
This rule proposes changes to the regulations governing the Marketing Assistance Loan Programs of the Commodity Credit Corporation (CCC) that are authorized by the Farm Security and Rural Investment Act of 2002 (2002 Act). CCC is proposing to no longer require a Federally- licensed warehouse operator, or in a State with a warehouse licensing programs, a State-licensed warehouse operator to execute a CCC storage agreement. Nothing in this proposed rule will affect the administration of the United States Warehouse Act by USDA.
Emergency Storage of Grain Collateral for Marketing Assistance Loans
The Commodity Credit Corporation (CCC) announces, for the 2006 crops of wheat, corn, and other feed grains, the acceptance of collateral for marketing assistance loans, warehouse receipts issued by a warehouse storing such commodity in outside storage, subject to the conditions outlined in this notice. This notice is intended to ensure adequate availability of storage space at harvest for producers seeking warehouse-stored marketing assistance loans for grain.
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