Commendatori's Blog

Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you.

US entering Food Shortage Very Soon

Posted by commendatori on January 12, 2009

Since the enactment of the Agricultural Act of 1949, CCC’s major activity has been the administration and implementation of nonrecourse loans to producers of major agricultural commodities. Generally, Congress establishes loan rates for certain commodities on a per-unit basis. Under the program’s “nonrecourse” provisions, the producer may satisfy the loan obligation through forfeiture to CCC of the commodity pledged as collateral for the loan. As a result, CCC acquires commodities that are forfeited or delivered under these nonrecourse loans. The accumulation of stocks of these forfeited commodities requires CCC to maintain provisions for their eventual disposal. The acquisition, procurement, storage, distribution, and disposal of commodities are handled by the Farm Service Agency under the administration of the Deputy Administrator for Commodity Opeartions. The regulations at 7 CFR part 1402 contain CCC policy for certain commodities available for sale by CCC.

Here you will find current as well as historical commodity price reports, values, CCC inventories, food assistance reports, and more.

Compare Current Inventroy ( November 2008 ) to Inventory in May 2002

CCC Inventory – 11/2008

CCC Inventory – 05/2002

Henry Kissinger stated the premise succinctly in 1970: “Control oil and you control nations; control food and you control the people.”

CCC Inventory Reports 2002-2008

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