Page:United States Statutes at Large Volume 116 Part 1.djvu/191

 PUBLIC LAW 107-171—MAY 13, 2002 116 STAT. 165 as determined by the Secretary, is less than 134 percent of the loan rate for extra long staple cotton. (c) ELIGIBLE RECIPIENTS.— The Secretary shall make payments available under this section to domestic users of extra long staple cotton produced in the United States and exporters of extra long staple cotton produced in the United States that enter into an agreement with the Commodity Credit Corporation to participate in the program under this section. (d) PAYMENT AMOUNT.— Payments under this section shall be based on the amount of the difference in the prices referred to in subsection (b)(1) during the fourth week of the consecutive 4- week period multiplied by the amount of documented purchases by domestic users and sales for export by exporters made in the week following such a consecutive 4-week period. (e) FORM OF PAYMENT.—Pa)mients under this section shall be made through the issuance of cash or marketing certificates, at the option of eligible recipients of the payments. SEC. 1209. AVAILABILITY OF RECOURSE LOANS FOR HIGH MOISTURE 7 USC 7939. FEED GRAINS AND SEED COTTON. (a) HIGH MOISTURE FEED GRAINS. — (1) RECOURSE LOANS AVAILABLE. —For each of the 2002 through 2007 crops of com and grain sorghum, the Secretary shall make available recourse loans, as determined by the Secretary, to producers on a farm that— (A) normally harvest all or a portion of their crop of com or grain sorghum in a high moisture state; (B) present— (i) certified scale tickets from an inspected, certified commercial scale, including a licensed warehouse, feedlot, feed mill, distillery, or other similar entity approved by the Secretary, pursuant to regulations issued by the Secretary; or (ii) field or other physical measurements of the standing or stored crop in regions of the United States, as determined by the Secretary, that do not have certified commercial scales from which certified scale tickets may be obtained within reasonable proximity of harvest operation; (C) certify that they were the owners of the feed grain at the time of delivery to, and that the quantity to be placed under loan under this subsection was in fact harvested on the farm and delivered to, a feedlot, feed mill, or commercial or on-farm high-moisture storage facility, or to a facility maintained by the users of com and grain sorghum in a high moisture state; and (D) comply with deadlines established by the Secretary for harvesting the com or grain sorghum and submit applications for loans under this subsection within deadlines established by the Secretary. (2) ELIGIBILITY OF ACQUIRED FEED GRAINS. — A loan under this subsection shall be made on a quantity of com or grain sorghum of the same crop acquired by the producer equivalent to a quantity determined by multiplying— (A) the acreage of the com or grain sorghum in a high moisture state harvested on the producer's farm; by

�