Review of the U.S. Department of Agriculture's Change in Procedure Concerning Sales of Commodities Through the Export Credit Guarantee Program and the Intermediate Export Credit Guarantee Program: Hearing Before the Subcommittee on Tobacco and Peanuts of the Committee on Agriculture, House of Representatives, One Hundredth Congress, Second Session, October 6, 1988
U.S. Government Printing Office, 1989 - Commercial products - 115 pages
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
100 percent 25 percent Administrator amount announcement answer application approved Assistant bank believe blended buyer certification Chairman Commodity Credit Corporation companies concerned Congress Congressman contained controls correct countries coverage Credit Guarantee Program decision Department discussed documents domestic Ebbitt eligible Export Credit Guarantee farmers financing fiscal foreign tobacco going Government grown hearing Hopkins identified imported Inspector interest involved Iraq issued June Lancaster leaf letter look means Mendelowitz million notice payment guarantee portion possible problem processed proposed purchase question received recent recommended record regarding regulations Representatives require Rose sector shipment shipped specific statement subcommittee talking Tallon tell Thank things tion tobacco exports told trade U.S. agricultural commodities U.S. exporter U.S. tobacco understand United
Page 12 - ... procure agricultural commodities for sale to other Government agencies, foreign governments, and domestic, foreign, or international relief or rehabilitation agencies, and to meet domestic requirements; (4) remove and dispose of or aid in the removal or disposition of surplus agricultural commodities...
Page 12 - In the Corporation's purchasing and selling operations with respect to agricultural commodities (except sales to other Government agencies) , and in the warehousing, transporting, processing, or handling of agricultural commodities, the Corporation shall, to the maximum extent practicable consistent with the f ulfillment of the Corporation 's purposes and the effective and efficient conduct of its business, utilize the usual and customary channels, facilities, and arrangements of trade and commerce.
Page 12 - For the purpose of stabilizing supporting, and protecting farm income and prices, of assisting in the maintenance of balanced and adequate supplies of agricultural commodities, products thereof, foods, feeds, and fibers (hereinafter collectively referred to as "agricultural commodities"), and of facilitating the orderly distribution of agricultural commodities, there is hereby created a body corporate to be known as...
Page 12 - Corporation"), which shall be an agency and instrumentality of the United States, within the Department of Agriculture, subject to the general 2 supervision and direction of the Secretary of Agriculture (hereinafter referred to as the "Secretary").
Page 12 - This program may also include operations to remove and dispose of or aid in the removal or disposition of surplus agricultural commodities for the purpose of stabilizing prices at levels not in excess of permissible price-support levels.
Page 1 - The subcommittee met, pursuant to notice, at 10:05 am, in room 1302, Longworth House Office Building, Hon. Charles Rose (chairman of the subcommittee) presiding. Present : Representatives de la Garza, Jones of Tennessee, Baldus, Sebelius, and Coleman.
Page 51 - Program (GSM-103) provide guarantees on private financing of US exports to foreign buyers purchasing on credit terms. The...
Page 22 - Thank you, Mr. Staats. May I just say we want to review at a later date several of the reports you have mentioned. I also believe it would be appropriate to insert in the record letters as you suggested on page 7 of your statement. Is there any objection ? The Chair hears none.
Page 13 - Agriculture determines that the sale will— (A) develop, expand, or maintain the importing nation as a foreign market, on a long-term basis, for the commercial sale and export of United States agricultural commodities...