Marketing Assistance Act of 1979

Summary

Marketing Assistance Act of 1979 - Authorizes the Secretary of Agriculture, through the Commodity Credit Corporation, to buy and sell substantially equivalent quantities of any commodity for which a reserve program has been established, to the extent needed to properly handle, rotate, distribute, and relocate such reserve or facilitate the operation of the price support program. Requires such sales to be at an equivalent or higher price than the purchases, allowing for customary location and grade differentials. Requires purchases to offset sales within two market days. Directs the Secretary to make available a daily list showing the price, location, and quantity of the transactions entered into pursuant to this Act.

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1 official file

• Introduced in House

  summary · EN · 15 January 1979

  Open at official source

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