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(D) that the purpose of such storage is to establish a reserve of such commodities for later use, not including resale to or use by another country.
Livestock (including cattle and goats) is raised and dairy goods are produced primarily for domestic use, and the government maintains a reserve supply of such commodities as skim milk powder, cheese, and butter.
Under the FFPr Program, recipients use the donated commodities, proceeds from any sale of such commodities, CCC-provided funds, and program income to implement a project in a foreign country pursuant to an agreement with CCC.
She, as a self-confessed technophobe incapable of understanding the purpose of such commodities as hair-dryers, accepts that were she "a species rather than an individual I'd be doomed to extinction".
Unless the government maintains some system of licensing importers in order to capture as revenue the difference between the higher domestic price and the foreign price, the importing of such commodities can prove a lucrative source of private profit.
Lignocellulose is an abundant and renewable feedstock for the production of such commodities as fuels and chemicals, provided that a low-cost technology can be developed to overcome its recalcitrance.
Similar(38)
2. INCOME TAX TREATMENT OF AGRICULTURAL COMMODITIES RECEIVED UNDER A 1983 PAYMENT-IN-KIND PROGRAM. the unadjusted basis of such commodity in the hands of such taxpayer shall be zero.
The substance is applied during the transportation of such commodity between the field and such a treatment facility.
A right to receive (or other constructive receipt of) a commodity shall be treated the same as actual receipt of such commodity.
The quantity of any commodity in the commodity set-aside shall be reduced to the extent that the Commodity Credit Corporation inventory of such commodity is reduced, by natural or other cause beyond the control of the Corporation, below the quantity then charged to the commodity set-aside.
The rise of demand from India and China for such commodities bodes well for the continued long-term growth of the economy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com