DEPARTMENT OF AGRICULTURE CCC-686 (09-28-10) Commodity Credit Corporation 1 - forms sc egov usda: Fill out & sign online

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Does commodity Credit Corp still exist?

The Commodity Credit Corporation (CCC) is a wholly owned United States government corporation that was created in 1933 to stabilize, support, and protect farm income and prices (federally chartered by the CCC Charter Act of 1948 (P.L.

What is a commodity payment?

Commodity wages compensate by transferring the ownership of a commodity, such as corn, soybeans, wheat, livestock, etc. to an employee. The employee then has the opportunity to market the commodity and generate a wage.

What is a CCC loan?

In addition to buying and selling American agricultural products, the CCC also supports domestic producers by providing loans at subsidized rates. These loans often fund crop production, with harvests used as collateral for the loans principal.

What is the USDA CCC?

The Commodity Credit Corporation (CCC) is a Government-owned and operated entity that was created to stabilize, support, and protect farm income and prices. CCC also helps maintain balanced and adequate supplies of agricultural commodities and aids in their orderly distribution.