The Agricultural Act of 1954 (P.L. 83-690) is a United States federal law that, among other provisions, authorized a Commodity Credit Corporation reserve for foreign and domestic relief. The Act established a flexible price support for basic commodities (excluding tobacco) at 82.5-90% of parity and authorized a Commodity Credit Corporation (CCC) reserve for foreign and domestic relief.
The Agricultural Act of 1954 (P.L. 83-690) is a United States federal law that, among other provisions, authorized a Commodity Credit Corporation reserve for foreign and domestic relief. The Act established a flexible price support for basic commodities (excluding tobacco) at 82.5-90% of parity and authorized a Commodity Credit Corporation (CCC) reserve for foreign and domestic relief.
Source: Wikipedia "Agricultural Act of 1954" · CC BY-SA 4.0
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