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Title 7 — AgricultureRelease 119-73not60

§1310 American Agriculture Protection Program

Title 7 › Chapter 35— AGRICULTURAL ADJUSTMENT ACT OF 1938 › Subchapter II— LOANS, PARITY PAYMENTS, CONSUMER SAFEGUARDS, MARKETING QUOTAS, AND MARKETING CERTIFICATES › Part A— Definitions, Loans, Parity Payments, and Consumer Safeguards › § 1310

Last updated Apr 3, 2026|Official source

Summary

If the President or another federal official stops commercial exports of certain farm goods because of a short supply, the Secretary of Agriculture must, on the day the stop starts, set the loan rate for that good at 90 percent of its parity price as figured that day — but only if a loan program for that commodity is in effect. That loan rate stays in place as long as the export stop continues. Covered commodities: wheat, corn, grain sorghum, soybeans, oats, rye, barley, rice, flaxseed, and cotton.

Full Legal Text

Title 7, §1310

Agriculture — Source: USLM XML via OLRC

(a)Notwithstanding any other provision of law, whenever the President or any other member of the executive branch of the Federal Government causes to be suspended, based upon a determination of short supply, the commercial export sales of any commodity, as defined in subsection (c) of this section, to any country or area with which the United States otherwise continues commercial trade, the Secretary of Agriculture shall, on the day the suspension is initiated, set the loan level for such commodity under the Agricultural Act of 1949, as amended [7 U.S.C. 1421 et seq.], if a loan program is in effect for the commodity, at 90 per centum of the parity price for the commodity, as such parity price is determined on the day the suspension is initiated.
(b)Any loan level established pursuant to subsection (a) of this section shall remain in effect as long as the suspension of commercial export sales described in subsection (a) remains in effect.
(c)For purposes of this section, the term “commodity” shall include any of the following: wheat, corn, grain sorghum, soybeans, oats, rye, barley, rice, flaxseed, and cotton.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

The Agricultural Act of 1949, referred to in subsec. (a), is act Oct. 31, 1949, ch. 792, 63 Stat. 1051, which is classified principally to chapter 35A (§ 1421 et seq.) of this title. For complete classification of this Act to the Code, see

Short Title

note set out under section 1421 of this title and Tables. Codification Section was enacted as part of the Food and Agriculture Act of 1977, and not as part of the Agricultural Adjustment Act of 1938 which comprises this chapter.

Statutory Notes and Related Subsidiaries

Effective Date

Section effective Oct. 1, 1977, see section 1901 of Pub. L. 95–113, set out as an

Effective Date

of 1977 Amendment note under section 1307 of this title.

Reference

Citations & Metadata

Citation

7 U.S.C. § 1310

Title 7 — Agriculture

Last Updated

Apr 3, 2026

Release point: 119-73not60