The CCC is authorized to buy, sell, lend, make payments, and engage in other activities for the purpose of increasing production, stabilizing prices, assuring adequate supplies, and facilitating the efficient marketing of agricultural commodities.
The CCC was incorporated on October 17, 1933, under a Delaware charter pursuant to Executive Order 6340 issued the previous day by President Franklin Delano Roosevelt.
[2][3] During the 1948 presidential election campaign, Harry Truman criticized Republicans in the 80th Congress for supporting revisions to the CCC that were unpopular with farmers.
The CCC helps America's agricultural producers through commodity and farm storage facility loans, purchases, and income support payments.
The CCC has its own disbursing authority and utilizes the Federal Reserve Bank system and United States Treasury to make payments.
This disbursing authority allows the CCC to make payments quickly and to provide financial support to America's producers and farmers immediately.
[4] The CCC attempts to offset losses in the American agricultural sector resulting from retaliatory tariffs from the European Union, China, and other states.
[6] The CCC Charter Act, as amended, aids producers through loans, purchases, payments, and other operations, and makes available materials and facilities required in the production and marketing of agricultural commodities.
The CCC mission and strategic goals are achieved through the successful implementation of the following key programs areas: Income support and disaster assistance programs provide financial assistance to protect farmers and ranchers from fluctuations in market conditions and unexpected natural or man-made disasters.
FSA personnel handle the procurement, acquisition, storage, disposition, and distribution of commodities, and the administration of the United States Warehouse Act (USWA).
With 95% of the world's population not being U.S. citizens, future growth in demand for food and agricultural products will occur primarily in overseas markets.
The CCC officers, directly or through officials of designated USDA agencies, maintain liaison with numerous other governmental and private trade operations.
This network enables the CCC to maintain a close relationship with customers, successfully addressing their needs and continually improving program delivery.
The FSA implements CCC funded programs for income support, disaster assistance, conservation, and international food procurement.
The NRCS provides leadership in a partnership effort to help American private landowners and managers conserve their soil, water, and other natural resources.