A bill to require the Commodity Credit Corporation to have certain provisions in contracts entered into by the Corporation for storage of agricultural commodities.

Amends the Commodity Credit Corporation Charter Act regarding long-term (in excess of one year) commodity storage contracts to require that: (1) rental rates shall be less than rates charged for one-year agreements; (2) the Commodity Credit Corporation (CCC) shall not be obligated to pay for unused space it leases to another party; and (3) the CCC can terminate the agreement if the space is no longer needed and the owner can be given reasonable time to rent the space to another party.