7-U.S.C.-1441A

7-U.S.C.-1441A

§1441A – Cost of Production Study and Establishment of Current National Weighted Average Cost of Production

Pathway

Title 7 > Chapter 35A > Subchapter II > Section 1441a

Details

  • Reference: Section 1441a
  • Legend: §1441A – Cost of Production Study and Establishment of Current National Weighted Average Cost of Production
  • USCode Year: 2013

Provision Content

The Secretary of Agriculture, in cooperation with the land grant colleges, commodity organizations, general farm organizations, and individual farmers, shall conduct a cost of production study of the wheat, feed grain, cotton, and dairy commodities under the various production practices and establish a current national weighted average cost of production. This study shall be updated annually and shall include all typical variable costs, including interest costs, a return on fixed costs, and a return for management.

(Pub. L. 91–524, title VIII, §808, as added Pub. L. 93–86, §1(27)(B), Aug. 10, 1973, 87 Stat. 237; amended Pub. L. 97–98, title XI, §1117, Dec. 22, 1981, 95 Stat. 1271.)

Codification

Section was enacted as part of the Agricultural Act of 1970 as added by the Agriculture and Consumer Protection Act of 1973, and not as part of the Agricultural Act of 1949 which is classified principally to this chapter. For complete classification of the 1949 Act to the Code, see Short Title note set out under section 1421 of this title and Tables.

Amendments

1981—Pub. L. 97–98 inserted including interest costs,” after variable costs,”, substituted , and a return for management” for equal to the existing interest rates charged by the Federal Land Bank, and return for management comparable to the normal management fees charged by other comparable industries”, and struck out provision that these studies be based upon the size unit that requires one man to farm on a full-time basis.

Effective Date of 1981 Amendment

Amendment by Pub. L. 97–98 effective Dec. 22, 1981, see section 1801 of Pub. L. 97–98, set out as an Effective Date note under section 4301 of this title.

U.S. Encyclopedia of Law Coverage

7-U.S.C.-1431E in the Legal Encyclopedia: Agriculture

In this entry about 7-U.S.C.-1431E, find legal reference material, bibliographies and premiere content related to agriculture in the American Encyclopedia of Law, presenting a comprehensive view of the United States agriculture-specific issues, written by authorities in the field.

7-U.S.C.-1431F in the Legal Encyclopedia: Price Support of Agricultural Commodities

In this entry about 7-U.S.C.-1431F, find legal reference material, bibliographies and premiere content related to price support of agricultural commodities in the American Encyclopedia of Law, presenting a comprehensive view of the United States price support of agricultural commodities-specific issues, written by authorities in the field.

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