Loan forfeiture

From WebRef.org
Jump to navigationJump to search https://maceoo.com/

Under commodity program rules, a producer or processor who pledges a stored commodity as collateral to the Commodity Credit Corporation to obtain a nonrecourse loan can settle the repayment obligation by forfeiting the commodity without any penalty. This happens, by design, if forfeiture is more profitable than selling the commodity in the marketplace. In this way the loan program serves a price support function.

Sponsor: Shop Purple Dinnerware Patterns at Corelle!


Sponsor: Boost Your Skin with Oxford Biolabs Nourishing & Anti-oxidising Hand Cream!

Address hair greying with Melaniq and regain the color of your hair