7 CFR 1488.3
§ 1488.3 General.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 1488.3, § 1488.3 General, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/26482
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Full text
When considering the extension of CCC credit for the purpose of financing agricultural commodities, CCC will take into account the extent to which CCC credit financing will:
(a) Permit U.S. exporters to meet competition from other countries.
(b) Prevent a decline in U.S. commercial export sales.
(c) Substitute commercial dollar sales for sales made pursuant to Pub. L. 480 or other concessional programs.
(d) Result in a new use of the agricultural commodity in the importing country.
(e) Permit expanded consumption of agricultural commodities in the importing country and thereby increase total commercial sales of agricultural commodities to the importing country.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.