Purchase and deliver
processed commodities under various domestic distribution
programs, such as the National School Lunch, Commodity
Supplemental Food, Food Distribution on Indian Reservations,
and Disaster Assistance Programs.
Purchase and deliver
commodities to foreign countries under Titles II and III of
Public Law 480, the Food for Progress Program, and Section
416(b) of the Agricultural Act of 1949, through private
voluntary agencies, World
Food program, and government-to-government transfers.
Purchase
from vendors or processors Dairy Price Support program
commodities, such as butter, cheese, and nonfat dry milk.
Acquire
and dispose of commodities pledged as collateral for
marketing assistance loans, such as wheat, corn, soybeans,
oilseeds, and other commodities.
Establish Posted
County Prices for locations throughout the U.S. to develop
loan rates, loan deficiency payments, and market assistance
loan repayments.
Market and manage
CCC inventories such as
cotton, grain, oilseeds, nonfat dry milk, and rice, regularly
analyzing the location, condition, and quantity of these
stocks.
Prepare and adjudicate
debts by and against CCC resulting from export and domestic
transportation and warehouse losses.
Administer
the contracting for storage under the Uniform Grain and Rice
Storage Agreement (UGRSA), the Cotton Storage Agreement (CSA),
the Peanut Storage Agreement (PSA), and the Processed Commodity Storage Agreement (PCSA).
Administer the
U.S. Warehouse Act and regulations thereunder.
CCC Inventory Management
Forfeitures under nonrecourse commodity loan programs are not
the only means by which CCC acquires inventory. Under the dairy
price support program, CCC buys surplus butter, cheese, and
nonfat dry milk from processors at announced prices to support
the price of milk. These purchases help maintain market prices
at the legislated support level.
CCC can store purchased food in over 10,000 commercial warehouses across the Nation
approved for this purpose. However, commodity inventories are not simply kept in storage.
FSA employees work to return stored commodities to private trade channels. At the Agency's
Kansas City Commodity Office in Kansas City, Missouri, FSA merchandisers regularly sell
and swap CCC inventories, using commercial telecommunications trading networks.
Beyond the marketplace, CCC commodities fill
the need for hunger relief both in the United States and in foreign countries. FSA
employees work closely with USDA's Food and Nutrition Service to purchase and deliver foods
for the National School Lunch and many other domestic feeding programs. And, donated to
"Food for Peace" and programs administered by voluntary organizations, these
U.S. farm products and foods help USDA fight hunger worldwide.
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