This brief paper examines the role and operation of the Commodity Credit Corporation (CCC) in grains in the context of the totality of government activity in the North American market. We recount the origins and history of the CCC and then concentrate on recent reforms and current activities. A final section considers whether the CCC is consistent with further liberalization of the grain market in North America.
See PDF article here: The Role of the State in Agricultural Trade in North America: The U.S. Commodity Credit Corporation as a Government Actor in the North American Market for Grains. Paper by Daniel A. Sumner and Tim Josling presented at the November 1998 North American Forum: Workshop on the Role of the State in International Trade.