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 › § 1349
The Secretary can let farms plant extra cotton for export in 1964 and can set “export market acreage” rules for 1965 after hearings. For 1964 the extra acres may be up to 10% of a farm’s allotment, but only if adding them will not cause the stored supply (carryover) at the start of the next marketing year to be more than the prior year’s carryover minus 1,000,000 bales, and that prior-year carryover was over 8,000,000 bales. The Secretary will divide any export acreage among States using the State allotments, and States will assign it to farms under rules and county applications. “Export market acreage” means the acres on a farm that are planted above the farm’s regular allotment, up to a farm maximum. These extra acres are added to a farm’s allotment for purposes of certain program rules, but they do not count toward county, State, or future allotments. Extra-long-staple cotton and farms getting price support under section 1444(b) are not included. Farmers or buyers on farms with export market acreage must give a bond or other guarantee, or pay cash instead, that they will export without any Government export subsidy, within the time the Secretary sets, an amount equal to the farm’s average yield times the export acreage. If they fail, the bond requires liquidated damages set to approximate the penalty for excess cotton under section 1346(a). If the bond or payment is not provided, or the farm plants more cotton than the allowed export acreage, the extra acres are lost and the farm keeps only its original allotment. Money collected goes to the Commodity Credit Corporation to help pay for promoting cotton exports under section 1853.
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Agriculture, Source: USLM XML via OLRC
Legislative History
Reference
Citation
7 U.S.C. § 1349
Title 7, Agriculture
Last Updated
Sep 23, 2026
Release point: 119-110