Page:United States Statutes at Large Volume 63 Part 1.djvu/1090

 PUBLIC LAWS-CH. 792-OCT. 31,1949 The level of support shall be not less than the follow- (b) For cotton and peanuts, If the supply percentage as of the ing percentage of beginning of the marketing year is: the parity price: More than 112 but not more than 114-- - 87 More than 114 but not more than 116--- 86 More than 116 but not more than 118 85 More than 118 but not more than 120- 84 More than 120 but not more than 122 -- 83 More than 122 but not more than 124- -- 82 More than 124 but not more than 125-- -- 81 More than 125 but not more than 126 80 More than 126 but not more than 127- 79 More than 127 but not more than 128 78 More than 128 but not more than 129-- -- 77 More than 129 but not more than 130--- 76 More than 130-- --- -- -- -- 75 (c) For tobacco, if marketing quotas are in effect, the level of sup- port shall be 90 per centum of the parity price. (d) Notwithstanding the foregoing provisions of this section- (1) if producers have not disapproved marketing quotas for such crop, the level of support to cooperators shall be 90 per centum of the parity price for the 1950 crop of any basic agricul- tural commodity for which marketing quotas or acreage allot- ments are in effect; (2) if producers have not disapproved marketing quotas for such crop, the level of support to cooperators shall be not less than 80 per centum of the parity price for the 1951 crop of any basic agricultural commodity for which marketing quotas or acreage allotments are in effect; (3) the level of price support to cooperators for any crop of a basic agricultural commodity, except tobacco, for which mar- keting quotas have been disapproved by producers shall be 50 per centum of the parity price of such commodity; and no price support shall be made available for any crop of tobacco for which marketing quotas have been disapproved by producers; (4) the level of price support for corn to cooperators outside the commercial corn-producing area shall be 75 per centum of the level of price support to cooperators in the commercial corn- producing area; (5) price support may be made available to noncooperators at such levels, not in excess of the level of price support to co- operators, as the Secretary determines will facilitate the effective operation of the program. (e) Notwithstanding any of the provisions of this Act, section 2 of the Act of July 28, 1945 (59 Stat. 506) shall continue in effect. TITLE II-DESIGNATED NONBASIC AGRICULTURAL COMMODITIES SEC. 201. The Secretary is authorized and directed to make avail- able (without regard to the provisions of title III) price support to producers for wool (including mohair), tung nuts, honey, Irish pota- toes, milk, butterfat, and the products of milk and butterfat as follows: (a) The price of wool (including mohair) shall be supported through loans, purchases, or other operations at such level, not in excess of 90 per centum nor less than 60 per centum of the parity price therefor, as the Secretary determines necessary in order to encourage Tobacco. Corn. 7U. S.C. §1312note. Pbt, p. 10X3. Wool. 1052 [63 STAT.

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