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Peanut Storage Agreement

Commodity Credit Corporation (CCC) enters into peanut storage agreements with private individuals and companies to allow warehouse operators to store commodities owned by CCC or pledged as security to CCC for marketing assistance loans. See notice BCD-72 and BCD-30 for additional information.

Notice to the Trade BCD-73 (8/17/04) provides Updated Instructions for Preparing Warehouse Receipts, Proper Filing of the Farm Service Agency's (FSA) Form 1007; Restatement of Warehouse Operator's Duty Regarding Daily Position Record (DPR) Maintenance and the Issuance and Cancellation of Warehouse Receipts.

For new information on the optional use of Form FSA-1007 in Lieu of Peanut Weight Certificates and revised instructions for preparing  2003-Crop Peanut Warehouse Receipts, please review Notice to the Trade BCD-56/WLED-5 released August 1, 2003.

(All PDF files require Adobe Acrobat Reader.)

How to Apply
Notices to the Trade
Regulations/Guidelines
Forms
Approved List of PSA Warehouses
Contact
Links
 

How to Apply

To be approved to store CCC-owned or loan peanuts, warehouse operators must:

  • Submit an application to the Storage Contract Branch, Kansas City Commodity Office (KCCO).
  • Execute a Peanut Storage Agreement (PSA) with CCC.

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Notices to the Trade

Periodically, Notices to the Trade are issued by the KCCO. These Notices may address industry specific issues, changes in program policy or general organizational news.

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Regulations/Guidelines

The Standards for Approval of Warehouses for Grain, Rice, Dry Edible Beans, and Seed are contained in the Code of Federal Regulations, Title 7 -- Agriculture, Part 1421--Grains and Similarly Handled Commodities.

  • Settlement. (1421.22)
  • General statement and administration. (1421.5551 (txt))
  • Basic standards. (1421.5552 (txt))
  • Bonding requirements for net worth. (1421.5553 (txt))
  • Examination of warehouses. (1421.5554 (txt))
  • Exceptions. (1421.5555 (txt))
  • Approval of warehouses, requests for reconsideration. (1421.5556 (txt))
  • Exemption from requirements. (1421.5557 (txt))
  • Contract and application and inspection fees. (1421.5558 (txt))
  • OMB control numbers assigned pursuant to Paperwork Reduction Act. (1421.5559 (txt))

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Forms

Forms that are available on the USDA eForms web site are indicated with a pound sign (#) before the name of the form. Clicking the link from the form will take you directly to the form. To sign in, register, view the site demonstration, or browse the available forms and their instructions, you will need to visit the USDA eForms home page.

  • Warehouse Receipt for Peanuts (pdf)
    • Used by non-USWA warehouse operators to warehouse receipt stored peanuts. Visit the USWA web page to view the warehouse receipt for peanuts used by USWA warehouse operators.
  • Instructions for filling out the Warehouse Receipt for Peanuts (pdf)
  • # CCC-20 - Supplement to Uniform Storage Agreement (pdf)
    • Contains the required certification and standard clauses applicable to warehouse operators with a storage agreement to store commodities for CCC.
  • # CCC-21 - Supplement to Commodity Credit Corporation (CCC) Storage Agreements (pdf)
    • Highly Erodible Land and Wetland Conservation - Declaration of Eligibility to Receive Storage Payments Under a CCC Storage Agreement
  • # CCC-22 - Peanut Storage Agreement (pdf)
    • This Agreement defines terms between the warehouse operator storing and handling of CCC-owned peanuts or peanuts pledged as collateral for a CCC marketing assistance
      loan.
  • # CCC-22-1 - Application for Approval of Warehouse for Peanut Storage Agreement (PSA) (pdf)
    • Use this form when applying for a Peanut Storage Agreement to store Commodity Credit Corporation (CCC) owned and loan peanuts.
  • # CCC-22-1A - Supplement to Form CCC-22-1 Application for Approval of Warehouse Peanut Storage Agreement (PSA) (pdf)
    • Use this form when applying for a Peanut Storage Agreement to store Commodity Credit Corporation (CCC) interest grain.
  • # CCC-22-2 - Schedule of Rates for Peanuts (pdf)
    • Use this form to provide storage and
      handling rates to the Commodity Credit Corporation for warehouses covered under the Peanut Storage Agreement.
  • # KC-386 - Power of Attorney
    • Furnishing this information is optional and it will be used to complete the terms of a contract between the warehouse operator and CCC.
  • # KC-1230 - Agent Agreement
    • Furnishing this information is optional and it will be used to complete the terms of a contract between the warehouse operator and CCC.
  • KC-1233-A - Instruction Slip Concerning Signatures
  • # KC-1622 - Signature Authority (pdf)
    • Used to determine if the person signing contractual documents has the authority to represent the company.
  • # SF-LLL - Disclosure of Lobbying Activities (pdf)
  • SF-3881 - ACH Vendor/Miscellaneous Payment Enrollment Form (pdf)
    • This form is used to obtain banking information to process Disbursements by ACH/EFT.
  • # WA-51-2 - Financial Statement Supplement (pdf)
    • This form is used to determine warehouseman eligibility or continued eligibility for a USWA license or a CCC storage contract by preparing this financial statement supplement.
  • # CCC-34 - Successor's Agreement (pdf)
    • This form is used to succeed ownership of the warehousing business to another warehouse operator, with agreement of the Commodity Credit Corporation.
  • # CCC-34-1 - Transfer of Rights and Interest (pdf)
    • This form is used to transfer all rights
      and interest in ownership from one warehousing company to another, with agreement of the Commodity Credit
      Corporation (CCC).

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Approved List of PSA Warehouses

When a warehouse is approved, CCC adds the warehouse to a List of Approved PSA Warehouses which is provided to local FSA offices. Producers must store commodities in warehouses on this listing to obtain warehouse-stored marketing assistance loans.

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Contact

Kansas City Commodity Office
Bulk Commodities Division
Storage Contract Branch, Mail Stop 8748
P. O. Box 419205
Kansas City, Missouri 64141-6205

Telephone: (816) 926-6446
Fax: (816) 926-1426 or (816) 823-1804
E-Mail: bcdscb@kcc.usda.gov

Priority Mail:  *
Kansas City Commodity Office
Bulk Commodities Division
Storage Contract Branch, Mail Stop 8748
6501 Beacon Drive
Kansas City, Missouri 64131-4676

* Office hours for delivery of express mail are 7:00 a.m. - 4:30 p.m.

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Links

Disbursement Statements for CCC Payments - Review the FSA Distribution of Disbursement Data Web Site brochure to learn more.
Price Support, FSA
National Agricultural Library
United States Warehouse Act

External Links - (Exit Disclaimer)
American Peanut Council 
National Peanut Board 
Peanut Shellers Association 
General Peanut Information  
General Tables of Units of Measurement
Association of American Warehouse Control Officials (AAWCO)
National Association of State Departments of Agriculture (NASDA)

 

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