Reduction of dairy product inventories

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Title 7—AGRICULTURE > CHAPTER 35A—PRICE SUPPORT OF AGRICULTURAL COMMODITIES > SUBCHAPTER III—NONBASIC AGRICULTURAL COMMODITIES

This text was captured on Sep 9, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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The Secretary of Agriculture shall utilize, to the fullest extent practicable, the authorities under the Commodity Credit Corporation Charter Act [ 15 U.S.C. 714 et seq.] (including exportation of dairy products at not less than prevailing world market prices), the Food for Peace Act [ 7 U.S.C. 1691 et seq.], and other authorities available to the Secretary to reduce inventories of dairy products held by the Commodity Credit Corporation so as to reduce net Commodity Credit Corporation expenditures to the estimated outlays for the milk price support program used in developing budget outlays under the Congressional Budget Act of 1974 for the appropriate fiscal year.

( Pub. L. 97–98, title I, § 106 , Dec. 22, 1981 , 95 Stat. 1220 ; Pub. L. 110–246, title III, § 3001(b)(1)(A) , (2)(A), June 18, 2008 , 122 Stat. 1820 .)

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