§ 1448 — Price Support Levels For Storable Nonbasic Agricultural Commodities

Without restricting price support to those commodities for which a marketing quota or marketing agreement or order program is in effect, price support shall, insofar as feasible, be made available to producers of any storable nonbasic agricultural commodity for which such a program is in effect and who are complying with such program. The level of such support shall not be in excess of 90 per centum of the parity price of such commodity nor less than the level provided in the following table:If the supply percentage as of the beginning of the marketing year is:The level of support shall be not less than the following percentage of the parity price:Not more than 10290More than 102 but not more than 10489More than 104 but not more than 10688More than 106 but not more than 10887More than 108 but not more than 11086More than 110 but not more than 11285More than 112 but not more than 11484More than 114 but not more than 11683More than 116 but not more than 11882More than 118 but not more than 12081More than 120 but not more than 12280More than 122 but not more than 12479More than 124 but not more than 12678More than 126 but not more than 12877More than 128 but not more than 13076More than 13075Provided, That the level of price support may be less than the minimum level provided in the foregoing table if the Secretary, after examination of the availability of funds for mandatory price support programs and consideration of the other factors specified in section 1421(b) of this title, determines that such lower level is desirable and proper.