15 U.S.C. § 714 : US Code - Section 714: Creation and purpose of Corporation

Search 15 U.S.C. § 714 : US Code - Section 714: Creation and purpose of Corporation

For the purpose of stabilizing, supporting, and protecting farm
income and prices, of assisting in the maintenance of balanced and
adequate supplies of agricultural commodities, products thereof,
foods, feeds, and fibers (hereinafter collectively referred to as
"agricultural commodities"), and of facilitating the orderly
distribution of agricultural commodities, there is created a body
corporate to be known as Commodity Credit Corporation (hereinafter
referred to as the "Corporation"), which shall be an agency and
instrumentality of the United States, within the Department of
Agriculture, subject to the general supervision and direction of
the Secretary of Agriculture (hereinafter referred to as the
"Secretary").