Economic Recovery Act

[AI summary unavailable — showing source text] Economic Recovery Act - Title I: Production and Sale of Agricultural Commodities - Directs the National Board of Agricultural Producers (created by title II of this Act) to establish a parity price, according to specified guidelines, on a monthly basis for each agricultural commodity. Directs the Board to establish for each commodity a national production goal based on estimated domestic and export requirements, and levels of production consistent with established agricultural conservation or soil management programs. Directs the Board to allocate acreage allotments or marketing quotas based upon the production history of each farm during the three preceding calendar years. Limits such allocations to individual farmers and farmer-owned or -controlled cooperatives and corporations. Requires the Board to establish a program to acquire reserve stocks of agricultural commodities. Directs the Board to establish quotas for each agricultural commodity imported into the United States. Establishes in the United States Treasury the Agricultural Export Fund for the deposit of any tariff revenues received from a foreign country in which an agricultural commodity was produced, for use in the pu…