DEFINITION of 'Commodity Credit Corporation - CCC'

An agency of the U.S. Department of Agriculture. The Commodity Credit Corporation (CCC) was created to support and protect the income of American farmers, as well as agricultural prices. This agency assists in maintaining an adequate variety and volume of agricultural commodity supplies. The CCC also helps to facilitate their systematic distribution.

BREAKING DOWN 'Commodity Credit Corporation - CCC'

The CCC was created on October 17, 1933 as part of President Roosevelt's New Deal program. It was incorporated under a Delaware charter and given intial capitalization of $3 million. It was reincorporated in 1948 as a federal corporation.

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RELATED FAQS
  1. What are some of the limitations and drawbacks of using the cash conversion cycle ...

    Understand some of the limitations analysts must take into account when using the cash conversion cycle, or CCC, to evaluate ... Read Answer >>
  2. What does the cash conversion cycle (CCC) tell us about a company's management?

    Learn what the cash conversion cycle reveals about a company's management, and what a manager needs to do to manage a company's ... Read Answer >>
  3. What economic indicators do agriculture investors need to watch?

    Agriculture investors should keep an eye on land prices, interest rates, inflation, harvest performance and speculative investment ... Read Answer >>
  4. How should investors interpret a company's cash conversion cycle (CCC)?

    Understand what the cash conversion cycle is and its significance as a financial evaluation tool for investors and market ... Read Answer >>
  5. How is liquidity risk captured by the cash conversion cycle (CCC)?

    Understand the three components of the cash conversion cycle. Learn how each of those components work to capture the liquidity ... Read Answer >>
  6. How does inventory turnover affect the cash conversion cycle (CCC)?

    Learn how a company's inventory turnover affects its cash conversion cycle (CCC). Understand why a higher inventory turnover ... Read Answer >>
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