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108538 1 (1979-01-29)

handle is hein.gao/gaobacxse0001 and id is 1 raw text is: esMMrNITY AND vICIoNMIC DcVLLOrMV.NT DIVISION UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 r pvV 0' Mr. Ray V. Fitzgerald Administrator, Agricultural Stabilization and Conservation Service Department of Agriculture JAN 2 9 1979 108538 Dear Mr. Fitzgerald: We have recently completed a limited review of the 0os management of thegommodity Credit Corporation's (CCC) commodity loan and grain reserve programsj The programs are administered by the Agricultural Stabilization and Conservation Service (ASCS). Our review was directed primarily toward determining the adequacy of the controls over loan collateral commodities stored on the farm. Our detailed work covered primarily the ASCS State and three county offices in Minnesota. We also did limited work in three counties in Kansas and obtained data from ASCS head- quarters and the Kansas State ASCS office. In addition, we inquired into the audit work of the Department's Office of Inspector General (OIG) as it related to CCC's commodity loan and grain reserve programs. In November 1978 we discussed with ASCS headauarters officials the need for some improvements in (1) the methods followed by county commodity inspectors in taking Lgrain measurements which, along with the test weight, are used as a basis for determining loan amounts under both programs and storage payments under the reserve program and (2) identifying storacge facilities containing CCCs loan collateral. JWe noted that: --Procedures needed to be established and issued to State and county offices on how measurements are to be taken. --A more durable commodity loan seal needed to be developed and used in lieu of the current paper seal. --The storage facilities containing CCC's collateral needed to be identified on the exterior and the identification recorded on the producers' loan documents. 003473 I WjW relom, l 131 ot

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