Whenever the market price for crops is below the Commodity Credit Corporation (CCC)loan rate,the government will end up buying surplus crops.

Question

Quizplus · Accepted Answer

This is because the CCC loan rate sets a minimum price that farmers can receive for their crops, and if the market price falls below this rate, the government may purchase the surplus crops from the farmers to stabilize prices and potentially prevent financial losses for farmers.

Whenever the Market Price for Crops Is Below the Commodity