Agriculture Emergency Act

[AI summary unavailable — showing source text] Agriculture Emergency Act - Title I: Agricultural Export Expansion - Amends the Agricultural Act of 1954 to direct the Secretary of Agriculture to establish abroad between six and 25 United States Agricultural Trade Offices, for the purpose of developing, maintaining, and expanding international markets for United States agricultural commodities. Changes the title of Agricultural Attaches to Agricultural Counselors, and requires each Counselor to submit to the Secretary an annual report detailing the social, political and economic factors affecting agriculture and agricultural trade in the country or area to which such Counselor is assigned. Establishes in the Department of Agriculture: (1) an Assistant Secretary for Commodity Programs, to perform duties related to agricultural stabilization and conservation; and (2) an Under Secretary for International Affairs to perform duties related to foreign agriculture. Amends the Commodity Credit Corporation Charter Act to direct the Secretary to provide Corporation financing to exporters of agricultural commodities who wish to extend deferred payment terms, not to exceed three years, to foreign buyers in order to meet foreign competition a…