Page:United States Statutes at Large Volume 91.djvu/983

 PUBLIC LAW 95-113—SEPT. 29, 1977

91 STAT. 949

pool for quota peanuts as provided in clause (A) of this paragraph. Notwithstanding any other provision of this subsection, any distribution of net gains on additional peanuts of any type to any producer shall be reduced to the extent of any loss by the Commodity Credit Corporation on quota peanuts of a different type placed under loan by such grower.". TITLE IX—SOYBEANS AND SUGAR \

SOYBEAN PRICE SUPPORT

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SEC. 901. Effective only with respect to the 1978 through 1981 crops of soybeans, section 201 of the Agricultural Act of 1949, as amended, Ante, p. 920. is amended by— (1) inserting in the first sentence after "tung nuts," the following: "soybeans,"; and (2) adding at the end thereof a new subsection (e) as follows: "(e) The price of the 1978 through 1981 crops of soybeans shall be supported through loans and purchases at such levels as the Secretary determines appropriate in relation to competing commodities and taking into consideration domestic and foreign supply and demand factors: Provided, That notwithstanding the provisions of section 1001 of the Food and Agriculture Act of 1977, the Secretary shall not require a set-aside of soybean acreage as a condition of eligibility for price support for any commodity supported under the provisions of this Act.". SUGAR PRICE

SUPPORT

SEC. 902. Effective only with respect to the 1977 and 1978 crops of sugar beets and sugar cane, section 201 of the Agricultural Act of 1949, as amended, is amended by— (1) striking out in the first sentence "honey, and milk" and inserting in lieu thereof the following: "honey, milk, sugar beets, and sugar cane"; and (2) adding at the end thereof a new subsection (f) as follows: "(f)(1) The price of the 1977 and 1978 crops of sugar beets and sugar cane, respectively, shall be supported through loans or purchases with respect to the processed products thereof at a level not in excess of 65 per centum nor less than 52.5 per centum of the parity price therefor: Provided, That the support level may in no event be less than 13.6 cents per pound raw sugar equivalent. In carrying out the price sup- Minimum wage port program authorized by this subsection, the Secretary shall estab- rates, lish minimum wage rates for agricultural employees engaged in the establishment. production of sugar. "(2) Notwithstanding any other provision of law, the Secretary Suspension may suspend the operation of the price support program authorized by this subsection whenever the Secretary determines that an international sugar agreement is in effect which assures the maintenance in the United States of a price for sugar not less than 13.5 cents per pound raw sugar equivalent. "(3) Nothing in this subsection shall affect the authority of the Secretary to establish under any other provision of law a price support program for that portion of the 1977 crop of sugar cane and sugar .; beets marketed prior to the implementation of the program authorized by this subsection.".

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