Agricultural Trade Act - Title I: Establishment of United States Agricultural Trade Offices - Amends the Agricultural Act of 1954 to direct the Secretary of Agriculture to establish abroad not less than 25 United States Agricultural Trade Offices, for the purpose of developing, maintaining, and expanding international markets for United States agricultural commodities.
Title II: Intermediate Commercial Credit - Amends the Commodity Credit Corporation Charter Act to require the Corporation to finance, under its export credit sales program, export sales of agricultural commodities out of its own and private stocks on credit terms in excess of three years, but not more than ten years.
Title III: Reorganization - Establishes in the Department of Agriculture: (1) an Assistant Secretary for Commodity Programs, to perform duties related to agricultural stabilization and conservation; and (2) an Under Secretary for International Affairs to perform duties related to foreign agriculture.
Title IV: Agricultural Counselors - Amends the Agricultural Act of 1954 to change the title of Agricultural Attaches to Agricultural Counselors, and to require each Counselor to submit to the Secretary an annual report detailing the social, political and economic factors affecting agriculture and agricultural trade in the country or area to which such Counselor is assigned.
Title V: General Provisions - Requires the Secretary to transmit to Congress annual reports on the activities and accomplishments of the Department, especially those of the United States Agricultural Trade Offices, in developing, maintaining, and expanding foreign markets for United States agricultural commodities.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
Referred to House Committee on International Relations.
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