DF: Signed May 12, 1933, this law introduced the pricesupport programs, including productionadjustments, and the incorporation of theCommodity Credit Corporation (CCC), under the lawsof the State of Delaware on October 17, 1933. The program benefits were financed mostly byprocessing taxes on the specific commodity. The Act also made price support loans by the CCCmandatory for the designated "basic" (storable)commodities: corn, wheat, and cotton. Support forother commodities was authorized upon therecommendation by the Secretary of Agriculturewith the President's approval.
