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FEDERAL
VOLUME 19

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MANET 1

1934

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REGSTER
NUMBER 35

Washington, Friday, February 19, 1954

TITLE 6 AGRICULTURAL CREDIT
Chapter IV-Commodity Stabilization Service and Commodity Credit Cor poration, Department of Agricul ture Subchapter B Loans, Purchases, and Other Operations
1954 C. C. O. Grain Price Support Bulletin 1

P art 421G rains and R elated C ommodities SUBPART GENERAL PROVISIONS 19 5 4 -CROP
PRICE SUPPORT PROGRAMS FOR GRAINS AND
RELATED COMMODITIES

This bulletin hereinafter called sub part contains regulations of a general nature which will be applicable with re spect to 1954 price support programs for certain grains and other commodities for which the Secretary of Agriculture makes price support available through the Commodity Credit Corporation and the Commodity Stabilization Service referred to in this subpart and supple ments hereto as CCC and CSS respec tively.
A separate supplement to this subpart containing additional specific require ments, will be issued for each commodity for which price support is made available and to which the provisions of this sub p art are to be applicable.
Sec.
421.401 Administration.
421.402 Commodities covered by this sub part.
421.403 Methods of price support.
421.404 Disbursement of loans.
421.405 Approved lending agencies.
421.406 Approved storage.
421.407 Applicable forms.
421.408 Liens.
421.409 Service charges.
421.410 Set offs.
421.411 Interest rate.
421.412 Transfer of producers interest.
421.413 Safeguarding the commodity.
421.414 Insurance on farm-storage loans.
421.415 Loss or damage to the commodity.
421.416 Personal liability of the producer.
421.417 Release of the commodity under loan.
421.418 Liquidation of loans and delivery under purchase agreements.
421.419 Foreclosure.
421.420 Purchase of notes.
421.421 CSS commodity offices.
Authority: 421.401 to 421.421 issued under sec. 4, 62 Stat. 1070, as amended; 15

IT. S. C. Sup. 714b. Interpret or apply sec. 5, 62 Stat. 1072, secs, 101, 301, 401, 63 Stat. 1051, 66 Stat. 758, 15 U. S. C. Sup. 714c; 7 U. S. C.
Sup. 1441, 1447, 1421.

421.401 Administration. The pro grams to which this subpart applies will be administered by CSS, under the gen eral direction and supervision of the President, CCC, and in the field, will be carried out by Agricultural Stabilization and Conservation State Committees and Agricultural Stabilization and Conser vation County Committees hereinafter called State and County Committees and CSS commodity offices. Producers interested in participating in the pro gram should contact their county office through which the price support docu ments will be distributed. All docu ments will be completed and approved by the county committee which will re tain copies of all such documents. The State committee may authorize the county committees to designate certain employees of the county committee to approve documents on behalf of the county committee. The names of the employees designated to approve docu ments in behalf of the county commit tee shall be submitted to the State com mittee for approval. State and county committees and CSS commodity offices do not have authority to modify or waive any of the provisions of this subpart or any amendments or supplements to this subpart.
421.402 Commodities covered by this subpart. The provisions of this subpart shall apply to any commodity for which a price support program for 1954 is announced and for which a sup plement to this subpart hereinafter re ferred to as a commodity supplement is issued.
421.403 Methods of price support.
This subpart applies to farm-storage loans, warehouse-storage loans, and purchase agreements. The particular methods to be used for each commodity will be specified in the applicable com modity supplement to this subpart.
421.404 Disbursement of loans.
Disbursement of loans will be made to producers by approved lending agencies under an agreement with CCC, or by ASC
county offices by means of sight drafts drawn on CCC. No disbursements shall Continued on p. 969

CONTENTS
Agricultural Conservation ProPa8
gram Service
Rules and regulations:
National agricultural conser vation, 1954; miscellaneous amendments______________

972

Agricultural Marketing Service
Proposed ryle making:
Milk handling in Central Mis sissippi marketing area____
Peaches, fresh, grown in Geor gia; handling_____________
Rules and regulations:
Grain standards; fees and charges__________________

978
977
971

Agricultural Research Service
Rules and regulations:
Recognition of breeds and books of record of purebred ani mals; dogs_______________

972

Agriculture Department
See also Agricultural Conserva tion Program Service; Agricul tural Marketing Service; Agri cultural R e s e a r c h Service;
Commodity Credit Corporation;
Commodity Stabilization Serv ice.
Notices:
Transfer of certain functions from Forest Service to Soil Conservation Service______ -

984

Alien Property Office
Notices:
Vested property, intention to re turn:
Allen, Milton, and Sara Atlee Fritze__________________
Simi, Gaetano, et al_______

985
985

Army Department
See also Engineers Corps.
Rules and regulations:
Decorations, medals, ribbons and similar devices; miscella neous amendments________

975

Civil Aeronautics Administra tion
Rules and regulations:
Minimum en route IFR alti tudes; miscellaneous amend ments____________________

973

Civil Aeronautics Board
Notices:
Accident occurring near Buff alo, N. Y.; hearing_________
967

984