United States · Amendment · HAMDT

HAMDT 606 (101st)

An en bloc amendment consisting of amendments to titles 9 and 10 of the bill which would allow USDA to reduce wheat and feed grain loan rates by 10% below the levels of the previous year (compared with a 5% reduction in the bill), in any of the next five years if USDA determines a cut is required to keep prices for those commodities competitive on world markets. The amendment also would require USDA to increase the target price for wheat and feed grain if the acreage reduction required of producers is more than 22.5% (compared with 7.5% reduction in the bill).