A bill to amend the Commodity Credit Corporation Act to direct the Secretary of Agriculture to establish a program for expanding exports of farm commodities by making available Commodity Credit Corporation financing to exporters who extend deferred payment terms to foreign buyers.

Amends the Commodity Credit Corporation Charter Act to direct the Secretary of Agriculture to furnish Commodity Credit Corporation financing to exporters of commodities who wish to extend deferred payment terms to foreign buyers. Stipulates procedures for and limitations upon such financing.