Commodity Credit Corporation May 11, 2007 – Federal Register Recent Federal Regulation Documents

The Commodity Credit Corporation (CCC) is taking actions to ensure adequate availability of commercial warehouse storage space for the 2007 crops and for producers seeking warehouse-stored marketing assistance loans for eligible commodities. CCC is announcing authorization, under certain conditions, of emergency and temporary storage for the 2007 crops of wheat, corn, sorghum and feed grains, and temporary storage for the 2007 crops of soybeans, rice and other commodities deemed storable by CCC. The authorizations include agricultural commodities stored by warehouse operators licensed under the U.S. Warehouse Act (USWA) and those warehouse operators who store commodities pledged as collateral for Commodity Credit Corporation (CCC) marketing assistance loans and issue warehouse receipts for such commodities in emergency or temporary storage.