Agricultural Fair Trade Act of 1985

[AI summary unavailable — showing source text] Agricultural Fair Trade Act of 1985 - Amends the Food for Peace Act of 1966 to authorize the Secretary of Agriculture to guarantee intermediate agricultural export loans. Includes the promotion of agricultural export sales within the uses for which export credit financing and guarantees may be made. Requires that, to the maximum extent possible, intermediate export credit sales be made to purchasers from countries: (1) that have previously received assistance under title I of Public Law 480; and (2) that are unable to use other Department of Agriculture short term credit. Requires the Commodity Credit Corporation (CCC) to make available specified amounts for each of FY 1986 through 1991 for financing or guaranteeing such intermediate export credit sales. Authorizes the Secretary to provide agricultural commodities at no cost to U.S. exporters and users and foreign purchasers in order to expand overseas markets for U.S. agricultural commodities and products, including value-added products. Authorizes supplemental commodity distributions to countries that have utilized receipts from sales of U.S.-supplied commodities to improve their handling, storage, and marketing facilities. Exemp…