Organization
CCC is managed by a Board of Directors, subject to the general supervision and direction of the Secretary of Agriculture, who is an ex-officio director and chairperson of the Board. The Board consists of seven members, in addition to the Secretary, who are appointed by the President of the United States by and with the advice and consent of the Senate. All members of the Board and Corporation officers are USDA officials. The president of the CCC is the Under Secretary for Farm and Foreign Agricultural Services, and the executive director is the Administrator of the Farm Service Agency.
CCC has no operating personnel. Its price support, storage, and reserve programs, and its domestic acquisition and disposal activities are carried out primarily through the personnel and facilities of the Farm Service Agency (FSA). Its overseas surplus disposal and commodity export credit guarantee activities are carried out by personnel of the Foreign Agricultural Service, particularly the General Sales Manager.
Read more about this topic: Commodity Credit Corporation
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