
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 7USC5672]

 
                          TITLE 7--AGRICULTURE
 
                      CHAPTER 87--EXPORT PROMOTION
 
                    SUBCHAPTER IV--GENERAL PROVISIONS
 
                    Part B--Miscellaneous Provisions
 
Sec. 5672. Development of plans to alleviate adverse impact of 
        embargoes
        
    To alleviate, to the maximum extent possible, the adverse impact on 
farmers, elevator operators, common carriers, and exporters of 
agricultural commodities of the President or other member of the 
executive branch of the Federal Government causing the export of any 
agricultural commodity to any country or area of the world to be 
suspended or restricted, the Secretary of Agriculture shall--
        (1) develop a comprehensive contingency plan that shall 
    include--
            (A) an assessment of existing farm programs with a view to 
        determining whether such programs are sufficiently flexible to 
        enable the Secretary to efficiently and effectively offset the 
        adverse impact of such a suspension or restriction on farmers, 
        elevator operators, common carriers, and exporters of 
        commodities provided for under such programs;
            (B) an evaluation of the kinds and availability of 
        information needed to determine, on an emergency basis, the 
        extent and severity of the impact of such a suspension or 
        restriction on producers, elevator operators, common carriers, 
        and exporters; and
            (C) the development of criteria for determining the extent, 
        if any, to which the impact of such a suspension or restriction 
        should be offset in the case of each of the sectors referred to 
        in paragraph (1)(B);

        (2) for any suspension or restriction for which compensation is 
    not provided under section 5671 of this title, prepare and submit to 
    the appropriate Committees of Congress such recommendations for 
    changes in existing agricultural programs, or for new programs, as 
    the Secretary considers necessary to handle effectively, 
    efficiently, economically, and fairly the impact of any such 
    suspension or restriction;
        (3) for any suspension or restriction for which compensation is 
    provided under section 5671 of this title, prepare and submit to the 
    appropriate Committees of Congress a plan for implementing and 
    administering section 5671 of this title; and
        (4) require the Commodity Credit Corporation, prior to such 
    Corporation purchasing any contracts for the purpose of offsetting 
    the impact of a commodity suspension or restriction, to--
            (A) prepare an economic justification for each commodity 
        involved in the suspension or restriction to determine if such a 
        purchase is necessary;
            (B) estimate any suspension- or restriction-related benefits 
        and detrimental effects to the exporters, and use both estimates 
        in determining the extent, if any, Federal assistance is needed; 
        and
            (C) limit its purchases to only those types and grades of 
        commodities suspended or restricted from shipment and make such 
        purchases at prices at or near the current market prices.

(Pub. L. 95-501, title IV, Sec. 412, as added Pub. L. 101-624, title XV, 
Sec. 1531, Nov. 28, 1990, 104 Stat. 3684.)
