(a) Annual availability of surplus stocks of nonfat dry milk; bid basisThe Commodity Credit Corporation shall provide surplus stocks of nonfat dry milk of not less than 1,000,000 pounds annually to individuals or entities on a bid basis.
(b) Acceptance of bids at lower than resale priceThe Commodity Credit Corporation may accept bids at lower than the resale price otherwise required by law, in order to promote the strengthening of the domestic casein industry.
(c) Nonfat dry milk sold to be used only for manufacture of caseinThe Commodity Credit Corporation shall take appropriate action to ensure that the nonfat dry milk sold by the Corporation under this section is used only for the manufacture of casein.
Structure US Code
CHAPTER 35A— PRICE SUPPORT OF AGRICULTURAL COMMODITIES
SUBCHAPTER III— NONBASIC AGRICULTURAL COMMODITIES
§ 1446. Price support levels for designated nonbasic agricultural commodities
§ 1446a. Dairy products; availability through Commodity Credit Corporation
§ 1446b. Policy with regard to dairy products
§ 1446c. Domestic disposal programs for dairy products
§ 1446c–1. Reduction of dairy product inventories
§ 1446c–2. Domestic casein industry
§§ 1446f to 1446h. Repealed. , ,
§ 1447. Price support levels for other nonbasic agricultural commodities
§ 1448. Price support levels for storable nonbasic agricultural commodities