Generic certificates

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In the United States, Generic certificates were commodity certificates used by the Commodity Credit Corporation (CCC) in the 1980s to meet payment obligations and simultaneously dispose of commodity inventories. Farmers paid with generic certificates could trade them for commodities owned and stored by the CCC.

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CCC may refer to:

Commodity Fungible item produced to satisfy wants or needs

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World Customs Organization Intergovernmental organization

The World Customs Organization (WCO) is an intergovernmental organization headquartered in Brussels, Belgium. The WCO works on customs-related matters including the development of international conventions, instruments, and tools on topics such as commodity classification, valuation, rules of origin, collection of customs revenue, supply chain security, international trade facilitation, customs enforcement activities, combating counterfeiting in support of Intellectual Property Rights (IPR), illegal drug enforcement, combating counterfeiting of medicinal drugs, illegal weapons trading, integrity promotion, and delivering sustainable capacity building to assist with customs reforms and modernization. The WCO maintains the international Harmonized System (HS) goods nomenclature, and administers the technical aspects of the World Trade Organization (WTO) Agreements on Customs Valuation and Rules of Origin.

Clinton Community College (CCC) is a public community college in Plattsburgh, in Clinton County, New York. It is part of the State University of New York (SUNY). CCC is a residential campus that has 1,376 undergraduates with an average class size of 16. Located on Lake Champlain, it is an hour south of Montreal, Quebec and across the lake from Burlington, Vermont.

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". The CCC is authorized to buy, sell, lend, make payments, and engage in other activities for the purpose of increasing production, stabilizing prices, assuring adequate supplies, and facilitating the efficient marketing of agricultural commodities.

Clackamas Community College College in Oregon City, Oregon, U.S.

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The Agricultural Act of 1949 is a United States federal law that is known as the "permanent legislation" of U.S. agricultural policy and is, in its amended form, still in effect. The Act was enacted on October 31, 1949. The purpose of the act is "To provide assistance to the States in the establishment, maintenance, operation, and expansion of school-lunch programs, and for other purposes."

Agricultural Act of 1954 United States federal law

The Agricultural Act of 1954 is a United States federal law that, among other provisions, authorized a Commodity Credit Corporation reserve for foreign and domestic relief.

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Coconino Community College (CCC) is a public community college serving Coconino County in the northern part of the U.S. state of Arizona. It enrolls more than 7,500 learners annually.

Colby Community College Community college in Colby, Kansas, United States

Colby Community College (CCC) is a community college in Colby, Kansas, United States. Established in 1964, the 57-acre main campus is located in the heart of Colby with an additional 64-acre (26 ha) agricultural center east of the city.

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The Agricultural Act of 1956 created the Soil Bank Program, addressed the disposal of Commodity Credit Corporation (CCC) inventories of surplus stocks, contained commodity support program provisions, and contained forestry provisions. The Soil Bank Act authorized short- and long-term removal of land from production with annual rental payments to participants. The Acreage Reserve Program, for wheat, corn, rice, cotton, peanuts, and several types of tobacco, allowed producers to retire land on an annual basis in crop years 1956 through 1959 in return for payments. The Conservation Reserve Program allowed producers to retire cropland under contracts of 3, 5, or 10 years in return for annual payments. The Soil Bank Act was repealed by Section 601 of the Food and Agriculture Act of 1965. The Conservation Reserve portion of the Soil Bank was a model for the subsequent Conservation Reserve Program (CRP), enacted in 1985.

Agriculture and Consumer Protection Act of 1973 United States federal law

The Agriculture and Consumer Protection Act of 1973 was the 4-year farm bill that adopted target prices and deficiency payments as a tool that would support farm income but reduce forfeitures to the Commodity Credit Corporation (CCC) of surplus stocks. It reduced payment limitations to $20,000 for all program crops. The Act might be considered the first omnibus farm bill because it went beyond simply authorizing farm commodity programs. It authorized disaster payments and disaster reserve inventories; created the Rural Environmental Conservation Program; amended the Food Stamp Act of 1964, authorized the use of commodities for feeding low income mothers and young children (the origin of the Commodity Supplemental Food Program; and amended the Rural Development Act of 1972.

Commodity certificates are payments issued by the Commodity Credit Corporation (CCC) in lieu of cash payments to participants in farm subsidy or agricultural export programs. Holders of certificates are permitted to exchange them for commodities owned by the CCC. Alternatively, farmers may buy certificates and use them to settle marketing assistance loans as a way of avoiding per person payment limits on marketing loan gains and loan deficiency payments (LDPs).

The Food for Progress Program (FFP) is a food aid program originally authorized by the Food Security Act of 1985 to provide commodities on credit terms or on a grant basis to developing countries and emerging democracies to assist in the introduction of elements of free enterprise into the countries' agricultural economies. Commodities may be provided under authority of P.L. 480 or Section 416(b). The Commodity Credit Corporation (CCC) may purchase commodities for use in Food for Progress if the commodities are currently not held in CCC inventory. The 2002 farm bill extended authority for the FFP through 2007. In March 2019, the FAS announced $155 million in funding for the Food for Progress Program.

Sustainable coffee is a coffee that is grown and marketed for its sustainability. This includes coffee certified as organic, fair trade, and Rainforest Alliance. Coffee has a number of classifications used to determine the participation of growers in various combinations of social, environmental, and economic standards. Coffees fitting such categories and that are independently certified or verified by an accredited third party have been collectively termed "sustainable coffees". This term has entered the lexicon and this segment has quickly grown into a multibillion-dollar industry of its own with potentially significant implications for other commodities as demand and awareness expand.

Ministry of Plantation Industries and Commodities

The Ministry of Plantation Industries and Commodities (MPIC), abbreviated MPIC, is a ministry of the Government of Malaysia that is responsible for plantation and commodities: palm oil, rubber, timber, furniture, cocoa, pepper, kenaf, tobacco.

The China Quality Certification Center is a Chinese administration based in Beijing with responsibilities for the implementation of product certification. It is responsible for product standards and quality standards sold on the Chinese market.

References

PD-icon.svg This article incorporates  public domain material from the Congressional Research Service document: Jasper Womach. "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition" (PDF).