Page:United States Statutes at Large Volume 91.djvu/974

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PUBLIC LAW 95-000—MMMM. DD, 1977

PUBLIC LAW 95-113—SEPT. 29, 1977

91 STAT. 940 . i,=

7 USC 1374.

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SKIPROW PRACTICES

SEC. 605. Section 374(a) of the Agricultural Adjustment Act of 1938, as amended, is amended by striking out "1977" in the last sentence and inserting in lieu thereof "1981". PRELIMINARY ALLOTMENTS FOR 1982 CROP OF UPLAND COTTON

7 USC 1342 note.

7 USC 1379.

SEC. 606. Notwithstanding any other provision of law, the permanent State, county, and farm base acreage allotments for the 1977 crop of upland cotton, adjusted for any underplantings in 1977 and reconstituted as provided in section 379 of the Agricultural Adjustment Act of 1938, as amended, shall again become effective as preliminary allotments for the 1982 crop. EXTRA LONG STAPLE COTTON

7 USC 1441.

SEC. 607. Section 101(f) of the Agricultural Act of 1949, as amended, is amended by striking out the words "Middling one-inch" appearing in the first sentence and inserting in lieu thereof "Strict Low Middling one and one-sixteenth inch". TITLE VII—RICE NATIONAL ACREAGE ALLOTMENT AND ALLOCATION

7 USC 1352 and note.

SEC. 701. Effective beginning with the 1978 crop of rice, section 101 of the Rice Production Act of 1975 is amended by striking out "1976 and 1977" each place it occurs and inserting in lieu thereof "1976 through 1981". LOAN RATES, TARGET PRICES, AND SET-ASIDE FOR THE 19 78 THROUGH 1981 CROPS

SEC. 702. Effective only for the 1978 through 1981 crops of rice, section 101 of the Agricultural Act of 1949, as amended, is amended by adding a new subsection (h) as follows: 7 USC 1441. " (h) Notwithstanding any other provision of law— Established "(1) For the 1978 through 1981 crops of rice, the established P"^^price for the purpose of making payments under this subsection shall be the established price for the previous year's crop adjusted to reflect any change in (i) the average adjusted cost of production for the two crop years immediately preceding the year for which the determination is made from (ii) the average adjusted cost of production for the two crop years immediately preceding the year previous to the one for which the determination is made. Adjusted cost of The adjusted cost of production for each of such years shall be production. determined by the Secertary on the basis of such information as the Secretary finds necessary and appropriate for the purpose and shall be limited to (i) variable costs, (ii) machinery ownership costs, and (iii) general farm overhead costs, allocated to the crops involved on the basis of the proportion of the value of the total production derived from each crop. Loans and.. "(2) The Secretary shall make available, to cooperators in the purchases. several States of the United States, loans and purchases for each of the 1978 through 1981 crops of rice at such level as bears the same ratio to the loan level for the preceding year's crop as the established price for each such crop bears to the established price for the preceding year's crop. If the Secretary determines that