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<classification authority="sudocs">GA 1.13:RCED-98-114</classification>
<identifier type="uri">https://www.govinfo.gov/app/details/GAOREPORTS-RCED-98-114</identifier>
<identifier type="local">P0b002ee18038f6a9</identifier>
<identifier type="former package identifier">f:rc98114</identifier>
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 <accessId>GAOREPORTS-RCED-98-114</accessId>
 <reportNumber>RCED-98-114</reportNumber>
 <subject>Commodity sales</subject>
 <subject>Financial statement audits</subject>
 <subject>Agricultural programs</subject>
 <subject>Internal controls</subject>
 <subject>Budget outlays</subject>
 <subject>International trade</subject>
 <subject>Credit sales</subject>
 <subject>Budget administration</subject>
 <subject>Financial management</subject>
 <subject>Borrowing authority</subject>
 <type>Letter Report</type>
 <seriesAbbrev>RCED</seriesAbbrev>
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<titleInfo>
 <title>Commodity Credit Corporation: Information on the</title>
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<abstract>As the federal government&apos;s financing arm for an array of domestic and
international agricultural programs, the government-owned and -operated
Commodity Credit Corporation (CCC) finances an array of income and
commodity support programs through direct payments and loans. These
programs assist producers in the production and marketing of
agricultural commodities, such as feed grains, wheat, rice, and cotton.
In addition, CCC&apos;s mission has expanded in recent years to include the
financing of a range of commodity export, resource conservation, and
disaster assistance programs. These programs are intended to enhance the
price competitiveness of U.S. commodities in foreign markets, help
producers implement conservation practices on their farms, and indemnify
producers for crop or livestock losses resulting from weather-related
disasters and pest infestations. This report provides information on (1)
how much money CCC had available and spent in fiscal years 1996 and
1997, including the sources of these funds and the programs and
activities for which they were used; (2) what management practices are
used to control CCC funds; and (3) whether CCC&apos;s funding for
administrative purposes, such as the purchase of computer and
telecommunications equipment, fell within statutory funding caps in
fiscal years 1996 and 1997 and whether the programs CCC funded had a
statutory basis for using CCC funds.</abstract>
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<identifier type="preferred citation">GAO/RCED-98-114</identifier>
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 <url displayLabel="Content Detail" access="object in context">https://www.govinfo.gov/app/details/GAOREPORTS-RCED-98-114</url>
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<note>Letter Report</note>
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 <searchTitle>GAO/RCED-98-114; Commodity Credit Corporation: Information on the;
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<subject>
 <topic>Commodity sales</topic>
 <topic>Financial statement audits</topic>
 <topic>Agricultural programs</topic>
 <topic>Internal controls</topic>
 <topic>Budget outlays</topic>
 <topic>International trade</topic>
 <topic>Credit sales</topic>
 <topic>Budget administration</topic>
 <topic>Financial management</topic>
 <topic>Borrowing authority</topic>
</subject>
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  <title>United States Code</title>
  <partNumber>Title 7 Section 1421</partNumber>
  <partNumber>Title 7 Section 147b</partNumber>
  <partNumber>Title 7 Section 1731</partNumber>
  <partNumber>Title 7 Section 1736</partNumber>
  <partNumber>Title 7 Section 5622</partNumber>
  <partNumber>Title 7 Section 7333</partNumber>
  <partNumber>Title 7 Section 7334</partNumber>
</titleInfo>
 <identifier type="USC citation">7 U.S.C. 1421</identifier>
 <identifier type="USC citation">7 U.S.C. 147b</identifier>
 <identifier type="USC citation">7 U.S.C. 1731</identifier>
 <identifier type="USC citation">7 U.S.C. 1736</identifier>
 <identifier type="USC citation">7 U.S.C. 5622</identifier>
 <identifier type="USC citation">7 U.S.C. 7333</identifier>
 <identifier type="USC citation">7 U.S.C. 7334</identifier>
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  <title>United States Code</title>
  <partNumber>Title 31 Section 1511</partNumber>
  <partNumber>Title 31 Section 1512</partNumber>
  <partNumber>Title 31 Section 1517(a)</partNumber>
  <partNumber>Title 31 Section 9103</partNumber>
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 <identifier type="USC citation">31 U.S.C. 1511</identifier>
 <identifier type="USC citation">31 U.S.C. 1512</identifier>
 <identifier type="USC citation">31 U.S.C. 1517(a)</identifier>
 <identifier type="USC citation">31 U.S.C. 9103</identifier>
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<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Public Law 806 (80th Congress)</title>
</titleInfo>
 <identifier type="public law citation">Public Law 80-806</identifier>
</relatedItem>
<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Public Law 255 (97th Congress)</title>
</titleInfo>
 <identifier type="public law citation">Public Law 97-255</identifier>
</relatedItem>
<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Public Law 508 (101st Congress)</title>
</titleInfo>
 <identifier type="public law citation">Public Law 101-508</identifier>
</relatedItem>
<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Public Law 576 (101st Congress)</title>
</titleInfo>
 <identifier type="public law citation">Public Law 101-576</identifier>
</relatedItem>
<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Public Law 127 (104th Congress)</title>
</titleInfo>
 <identifier type="public law citation">Public Law 104-127</identifier>
</relatedItem>
<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Public Law 18 (105th Congress)</title>
</titleInfo>
 <identifier type="public law citation">Public Law 105-18</identifier>
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