Due to the growing increase of huge quantities of commodities forfeitures in the non-recourse loans, during the 1980’s Congress decided to institute a fundamental change to CCC loan programs when market prices are not more than the CCC loan rate. Other than giving producers the option of forfeiting the commodity they have pledged as collateral for non-recourse loans, the producers were also allowed to settle the non-recourse loan at a price de (more…)