Title 7AgricultureRelease 119-73

§4003 Study of potential for expansion of United States agricultural export markets; report to President and Congress

Title 7 › Chapter CHAPTER 71— - AGRICULTURAL TRADE SUSPENSION ADJUSTMENT › § 4003

Last updated Apr 6, 2026|Official source

Summary

Requires the Secretary of Agriculture, working with the U.S. Trade Representative and any other federal agencies the Secretary chooses, to study how U.S. farm exports could be expanded and how those exports might be used to get natural resources or other goods the country needs. The Secretary must finish the study and send a report to the President and Congress before June 30, 1981. The study must look five years ahead and cover world needs for food, feed, and fiber; U.S. and world production capacity; possible new or larger foreign markets; the chance to trade farm goods for resources (including energy) or other needed products; and the steps the United States must take to maximize exports and such exchanges.

Full Legal Text

Title 7, §4003

Agriculture — Source: USLM XML via OLRC

(a)The Secretary of Agriculture, in consultation with the United States Trade Representative and any other appropriate agency of the United States Government as determined by the Secretary, shall perform a study of the potential for expansion of United States agricultural export markets and the use of agricultural exports in obtaining natural resources or other commodities and products needed by the United States. The Secretary shall complete the study and submit to the President and Congress a report on the study before June 30, 1981.
(b)In performing the study, the Secretary shall determine for the next five years—
(1)world food, feed, and fiber needs;
(2)estimated United States and world food, feed, and fiber production capabilities;
(3)potential new or expanded foreign markets for United States agricultural products;
(4)the potential for the development of international agreements for the exchange of United States agricultural products for natural resources, including energy sources, or other commodities and products needed by the United States; and
(5)the steps that the United States must take to (A) increase agricultural export trade, and (B) obtain needed natural resources or other commodities and products in exchange for agricultural products, to the maximum extent feasible.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Section effective Dec. 3, 1980, see section 213 of Pub. L. 96–494, set out as a note under section 4001 of this title.

Reference

Citations & Metadata

Citation

7 U.S.C. § 4003

Title 7Agriculture

Last Updated

Apr 6, 2026

Release point: 119-73