Page:United States Statutes at Large Volume 104 Part 5.djvu/189

 PUBLIC LAW 101-624—NOV. 28, 1990 104 STAT. 3511 ity available under this subsection beyond the cost of the commodities to the Corporation in— "(A) the storage of the commodity; and "(B) the handling and transportation costs in making delivery of the commodity to designated agencies at one or more central locations in each State or other area. "(f) EFFICIENT OPERATIONS. — "(1) IN GENERAL. — Subject to paragraph (2), the foregoing restrictions of this section shall not apply to sales of commodities the disposition of which is desirable in the interest of the effective and efficient conduct of the operations of the Corporation because of the small quantities involved, or because of age, location or questionable continued storability of the commodity. "(2) OFFSETS.—The sales shall be offset (if necessary) by the purchases of commodities as the Corporation determines is appropriate to prevent the sales from substantially impairing any price support program or unduly affecting market prices, except that the purchase price shall not exceed the Corporation's minimum sales price for the commodities for unrestricted use. "(3) COMPETITIVE BID BASIS. —Subject to the sales price restrictions contained in this section, the Corporation may sell any basic agricultural commodity or storable nonbasic commodity on a competitive bid basis, if the sale is determined to be appropriate by the Secretary. "(g) SALES FOR EXPORT.— For the purposes of this section, sales for export shall include— "(1) sales made on condition that the identical commodities sold be exported; and "(2) sales made on condition that commodities of the same kind and of comparable value or quantity be exported, either in raw or processed form.". SEC. 1131. APPLICATION OF TERMS IN THE AGRICULTURAL ACT OF 1949. (a) IN GENERAL.—Subsection (k) of section 408 of the Agricultural Act of 1949 (7 U.S.C. 1428(k)) is amended to read as follows: "(k)(1) Reference made in sections 402, 403, 406, 407, and 416 to the terms 'support price', 'level of support', and 'level of price support' shall be considered to apply as well to the loan and purchase level for wheat, feed grains, upland cotton, extra long staple cotton, honey, oilseeds £Uid rice under this Act. "(2) References made to the terms 'price support', 'price support operations', and 'price support program' in such sections and in section 401(a) shall be considered as applying as well to loan and purchase operations for wheat, feed grains, upland cotton, extra long staple cotton, honey, oilseeds and rice under this Act. "(3) Notwithstanding any other provision of law, this subsection shall be effective only for the 1991 through 1995 crops of wheat, feed grains, upland cotton, extra long staple cotton, honey, oilseeds and rice.". (b) PRODUCER.— Section 408 of such Act is amended by striking 7 USC 1428. subsections (1) and (m) and inserting the following new subsection: "(1) 'Producer' shall include a person growing hybrid seed under contract. In determining the interest of a grower of hybrid seed in a crop, the Secretary shall not take into consideration the existence of a hybrid seed contract. ".

�