Title 7 › Chapter 35— AGRICULTURAL ADJUSTMENT ACT OF 1938 › Subchapter II— LOANS, PARITY PAYMENTS, CONSUMER SAFEGUARDS, MARKETING QUOTAS, AND MARKETING CERTIFICATES › Part B— Marketing Quotas › Subpart iv— marketing quotas—cotton › § 1342a
The Secretary must, by November 15 in each year from 1970 through 1976, set a national production goal for upland cotton for the 1971 crop year and later crops. That goal is the number of standard bales (480 pounds net) equal to estimated domestic use plus estimated exports for the marketing year that starts in that calendar year, plus at least 5% of that total for market expansion. The Secretary may change the goal after looking at U.S. and foreign cotton stocks and their qualities to make sure U.S. carryover stocks are adequate but not excessive (not less than 50% of the average offtake for the three preceding marketing years), to keep a steady supply of the needed cotton qualities at home and abroad, and to provide a reserve for national security.
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Agriculture — Source: USLM XML via OLRC
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Reference
Citation
7 U.S.C. § 1342a
Title 7 — Agriculture
Last Updated
Apr 3, 2026
Release point: 119-73not60