Powers of Secretary

The current average farm price for any basic agricultural commodity is less than the fair exchange value thereof, or the average farm price of such commodity is likely to be less than the fair exchange value thereof for the period in which the production of such commodity during the current or next succeeding marketing year is normally marketed, and

( May 12, 1933, ch. 25 , title I, § 8, 48 Stat. 34 ; Apr. 7, 1934, ch. 103, § 7 , 48 Stat. 528 ; May 9, 1934, ch. 263, § 14 , 48 Stat. 676 ; Mar. 18, 1935, ch. 32, § 7 , 49 Stat. 46 ; Aug. 24, 1935, ch. 641 , §§ 2, 4–7, 49 Stat. 751 , 753–762.)