§1141 Declaration of Policy; Effective Merchandising of Agricultural Commodities; Speculation; Cooperative Marketing; Surpluses; Administration of Chapter

Summary

Congress wants farm products to be sold well across state lines and to other countries so farming is treated as fairly as other industries. To do that, the law aims to cut down on speculation, stop wasteful ways of moving goods, help farmers form and run producer-owned marketing groups and cooperatives, and prevent or control big surpluses by organizing production and distribution to keep markets steady and prices from crashing. A surplus is any seasonal or yearly extra made in the United States that is more than needed for normal distribution or for domestic use. The Farm Credit Administration must use its powers in ways that, in its judgment, best support these goals.