Page:United States Statutes at Large Volume 104 Part 5.djvu/188

 104 STAT. 3510 PUBLIC LAW 101-624—NOV. 28, 1990 Corporation determines is appropriate to maintain and expand export and domestic markets. '(3) OILSEEDS. —The Corporation shall not sell oilseeds at less than the lower of— "(A) 105 percent of the current national average price support loan rate for the oilseed, adjusted for the current market differentials reflecting grade, quality, location, reasonable carrying charges, and other factors determined appropriate by the Corporation; or "(B) 115 percent of the loan repayment level. "(4) WHEAT AND FEED GRAINS.— Whenever the producer reserve program for wheat and feed grains established under section 110 is in effect, the Corporation may not sell any of its stocks of wheat or feed grains at a level that is less than 150 percent of the then current loan rate for wheat or feed grains. "(5) UPLAND COTTON. —The Commodity Credit Corporation shall sell upland cotton for unrestricted use at the same price the Corporation sells upland cotton for export, but in no event at less than the amount provided for in paragraph (1). " (d) NoNAPPLicATiON OF SALES PRICE RESTRICTIONS.— The foregoing restrictions of this section shall not apply to— "(1) sales for new or byproduct uses; "(2) sales of peanuts and oilseeds for the extraction of oil; "(3) sales for seed or feed if the sales will not substantially impair any price support program; "(4) sales of commodities that have substantially deteriorated in quality or as to which there is a danger of loss or waste through deterioration or spoilage; "(5) sales for the purpose of establishing claims arising out of contract or against persons who have committed fraud, misrepresentation, or other wrongful acts with respect to the commodity; "(6) sales for export (excluding sales of upland cotton for export); "(7) sales of wool; and "(8) sales for other than primary uses. " (e) DISTRESS, DISASTER, AND LIVESTOCK EMERC^NCY AREAS. — "(1) IN GENERAL.— Notwithstanding the foregoing provisions of this section, the Corporation, on such terms and conditions as the Secretary may consider in the public interest, may— "(A) make available any farm commodity or product thereof owned or controlled by the Corporation for use in relieving distress— "(i) in any area in the United States (including the Virgin Islands) declared by the President to be an acute distress area because of unemployment or other economic cause, if the President finds that the use will not displace or interfere with normal marketing of agricultural commodities; and "(ii) in connection with any major disaster determined by the President to warrant assistance by the Federal Government under the Disaster Relief and Emergency Assistance Act (42 U.S.C. 5121 et seq.); and "(B) donate or sell commodities in accordance with title VI. "(2) COSTS.—Except on a reimbursable basis, the Corporation shall not bear any costs in connection with making the commod-

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