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United States · Bill · HR

H.R. 1797 (100th)

A bill to revise the price support level, and implement a marketing loan program, for the 1988 through 1990 crops of soybeans under the Agriculture Act of 1949.

openUnited States· United States Congress· EN

Introduced

25 March 1987

Last action

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Status

Unfavorable Executive Comment Received From USDA.

Sponsors

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Subjects

Discovery layer

Source updated

5 February 2024

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Summary

Amends the Agricultural Act of 1949 to set 1988 through 1990 soybean support prices at $5.70 per bushel. (Currently such levels are a minimum of $4.50 per bushel for 1988 through 1990.) Requires (current law authorizes) soybean loan repayment at the lesser of prevailing world prices or the crop loan level.

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Documents

1 official file

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