Title 7 — AgricultureRelease 119-73not60
§1856 Transfer of Bartered Materials to Supplemental Stockpile; Limitation of Acquisition to Certain Programs; Authorization of Appropriations
Title 7 › Chapter 46— SURPLUS DISPOSAL OF AGRICULTURAL COMMODITIES › § 1856
Summary
When the Commodity Credit Corporation gets strategic or critical materials by trading farm goods, it must put those materials into the supplemental stockpile unless they were obtained for the national stockpile or for other allowed uses like foreign economic or military aid, offshore construction, or to meet government agency needs. Congress may provide money to repay the Corporation for materials moved to the supplemental stockpile. The repayment must equal the lower of the domestic market price or the Corporation’s investment in the material on the transfer date, as set by the Secretary of Agriculture.
Full Legal Text
Title 7, §1856
Agriculture — Source: USLM XML via OLRC
(a)Strategic and other materials acquired by the Commodity Credit Corporation as a result of barter or exchange of agricultural commodities or products, unless acquired for the national stockpile established pursuant to the Strategic and Critical Materials Stock Piling Act [50 U.S.C. 98 et seq.], or for other purposes shall be transferred to the supplemental stockpile established by section 1704(b) 11 See References in Text note below. of this title; but no strategic or critical material shall be acquired by the Commodity Credit Corporation as a result of such barter or exchange except for such national stockpile, for such supplemental stockpile, for foreign economic or military aid or assistance programs, or for offshore construction programs, or to meet requirements of Government agencies.
(b)Repealed. Pub. L. 87–456, title III, § 303(c), May 24, 1962, 76 Stat. 78.
(c)In order to reimburse the Commodity Credit Corporation for materials transferred to the supplemental stockpile there are hereby authorized to be appropriated amounts equal to the value of any materials so transferred. The value of any such material for the purpose of this subsection, shall be the lower of the domestic market price or the Commodity Credit Corporation’s investment therein as of the date of such transfer as determined by the Secretary of Agriculture.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
The Strategic and Critical Materials Stock Piling Act, referred to in subsec. (a), is act
June 7, 1939, ch. 190, as revised generally by Pub. L. 96–41, § 2,
July 30, 1979, 93 Stat. 319, which is classified generally to subchapter III (§ 98 et seq.) of chapter 5 of Title 50, War and National Defense. For complete classification of this Act to the Code, see section 98 of Title 50 and Tables. section 1704(b) of this title, referred to in subsec. (a), was amended generally by Pub. L. 101–624, title XV, § 1512, Nov. 28, 1990, 104 Stat. 3635, and, as so amended, no longer contains provisions relating to a supplemental stockpile.
Amendments
2008—Subsec. (a). Pub. L. 110–246 made technical amendment to reference in original act which appears in text as reference to section 1704(b) of this title. 1962—Subsec. (b). Pub. L. 87–456 repealed subsec. (b) which permitted strategic materials acquired by Commodity Credit Corporation as a result of barter or exchange of agricultural commodities or products to be entered, or withdrawn from warehouse, free of duty. 1959—Subsec. (a). Pub. L. 86–341 authorized acquisition of strategic and critical materials for national stockpile to meet requirements of Government agencies. 1958—Subsec. (a). Pub. L. 85–931 limited acquisition of strategic and critical materials for national stockpile, supplemental stockpile, foreign economic or military aid or assistance programs and offshore
Construction
programs.
Statutory Notes and Related Subsidiaries
Effective Date
of 2008 AmendmentAmendment by Pub. L. 110–246 effective May 22, 2008, see section 4(b) of Pub. L. 110–246, set out as an
Effective Date
note under section 8701 of this title.
Effective Date
of 1962 AmendmentAmendment by Pub. L. 87–456 effective with respect to articles entered, or withdrawn from warehouse, for consumption on or after Aug. 31, 1963, see section 501(a) of Pub. L. 87–456.
Reference
Citations & Metadata
Citation
7 U.S.C. § 1856
Title 7 — Agriculture
Last Updated
Apr 3, 2026
Release point: 119-73not60