Commodity Credit Corporation
E88323
The Commodity Credit Corporation is a U.S. government-owned entity within the Department of Agriculture that finances and supports farm income, price stability, and agricultural commodity programs.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal government agency
→
government-owned corporation → |
| abbreviation |
CCC
→
|
| authorizedByStatute |
Commodity Credit Corporation Charter Act
→
|
| boardComposition |
Secretary of Agriculture and other USDA officials
→
|
| canBorrowUpTo |
US$30,000,000,000
→
|
| charterActYear |
1948
→
|
| country |
United States
→
|
| employer |
United States Department of Agriculture employees
→
|
| function |
finance price support operations for agricultural commodities
→
make payments to agricultural producers → manage commodity inventories → provide nonrecourse loans to farmers → purchase agricultural commodities → support conservation and disaster assistance programs → support export credit guarantee programs → |
| fundingSource |
U.S. Treasury
→
|
| hasLiabilitiesGuaranteedBy |
United States government
NERFINISHED
→
|
| hasProgram |
Food for Progress
→
Foreign Market Development Program → Market Access Program → commodity purchase programs → export credit guarantee programs → loan deficiency payments → marketing assistance loans → price support loans → |
| headquartersLocation |
Washington, D.C.
→
|
| inception |
1933
→
|
| industry |
agricultural finance
→
|
| jurisdiction |
federal government of the United States
→
|
| legalForm |
federally chartered corporation
→
|
| operatesUnder |
United States farm bill legislation
→
|
| overseenBy |
Office of the Secretary of Agriculture
→
|
| ownedBy |
United States government
→
|
| parentOrganization |
United States Department of Agriculture
→
|
| purpose |
assist in the orderly distribution of agricultural commodities
→
stabilize agricultural commodity prices → support agricultural commodity programs → support agricultural exports → support farm income → |
| regulates |
agricultural commodity price support operations
→
|
| reorganized |
1948
→
|
| sector |
agriculture
→
|
| usedFor |
funding ad hoc agricultural disaster assistance
→
funding conservation incentive programs → funding farm bill commodity programs → funding trade and export promotion programs → |
| website |
https://www.usda.gov/ccc
→
|
Referenced by (3)
| Subject (surface form when different) | Predicate |
|---|---|
|
Agricultural Adjustment Act of 1938
→
United States federal farm programs → |
administeredBy |
|
Conservation Reserve Program
→
|
fundingSource |