Page:United States Statutes at Large Volume 102 Part 1.djvu/984

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PUBLIC LAW 100-000—MMMM. DD, 1988

102 STAT. 946

PUBLIC LAW 100-387—AUG. 11, 1988

"(CXD For the purposes of determining the farm acreage base or the crop acreage bases for the farm, any acreage on the farm on which soybeans or sunflowers are planted under this paragraph shall be considered to be planted to the program crop for which soybeans or sunflowers are substituted. "(2) The Secretary may not make program benefits other than Loans. soybean or sunflower seed price support loans and purchases available to producers with respect to acreage planted to soybeans or sunflowers under paragraph (1) and shall ensure that the crop acreage bases established for the farm and the farm acreage base are not increased due to such plantings.". (2) Not earlier than February 1, 1989, and not later than March 1, Marketing. Loans. 1989, with respect to the 1989 crop of soybeans, and not later than 7 USC 1446 note. September 1, 1989, with respect to the 1990 crop of soybeans, the Secretary of Agriculture shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a statement setting forth the reasons for implementing or not implementing the soybean marketing loan program authorized under section 201(i)(3) of the Agricultural Act of 1949 (7 U.S.C. 1446(i)(3)) for such crop. Such statement shall include— (A) an economic evaluation of current soybean markets, foreign and domestic; (B) the current foreign soybean production statistics; (C) the United States soybean export market situation and Exports. outlook; (D) the computation of the prevailing world market price for soybeans, as described in section 201(i)(3)(B) of such Act; (E) the fiscal effect of the implementation of the marketing loan for soybeans; and (F) such other factors as the Secretary considers appropriate. 7 USC 1464 note. Loans. Exports.

Exports.

0)) COTTONSEED AND SUNFLOWER SEED OIL.—(1) The Secretary of

Agriculture shall determine if the price of cottonseed or cottonseed products is adversely affected by the amendment made by subsection (a)(D. If the Secretary determines that any such price has been adversely affected, the Secretary shall support the price of cottonseed and cottonseed products through loans, purchases, export assistance, or any other form of assistance, as necessary to offset such adverse effect. (2)(A) Effective for the fiscal years ending September 30, 1989, and September 30, 1990, the Secretary of Agriculture shall use funds available under section 32 of Public Law 320, Seventy-fourth Congress (7 U.S.C. 612c), to purchase sunflower seed oil and cottonseed oil to facilitate additional export sales of sunflower seed oil and cottonseed oil at competitive prices, as necessary and appropriate to enable United States producers to compete with producers in other countries in world markets. Funds may be made available under this subparagraph only to the extent authorized in advance in appropriations Acts; and such funds shall be in addition to funds made available for the purchase of sunflower seed oil under section 637 of the rural development, agriculture, and related agencies appropriations in section lOl(k) of Public Law 100-202 (101 Stat. 1329-357). (B) To the extent practicable, facilitation of cottonseed oil exports shall be accomplished through the use of authorities available to the Secretary other than the authority granted in subparagraph (A).