Commodity Credit Corporation

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A US federal agency set up in 1933 to provide price support for US farmers. Federal Treasury money is used to lend to farmers on the security of their crops; the loans and accumulated interest can be settled by delivery of the crops at support prices. The CCC sells the resulting stocks later if and when prices rise.

http://www.fsa.usda.gov/ccc/ The home page of the Commodity Credit Corporation.

Subjects: Economics.

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