A bill to authorize the Secretary of Agriculture to prescribe the established price for the 1984 or 1985 crop of wheat, corn, upland cotton, or rice as appropriate but at no less than the established price for the 1983 crop of the commodity; to require the Secretary of Agriculture to carry out an export incentive program for such crops; and for other purposes.

Summary

Authorizes the Secretary of Agriculture to set 1984 and 1985 target prices for wheat, corn, upland cotton, and rice, but at not less than 1983 levels. Requires the Secretary to carry out a 1984 and 1985 wheat export incentive program through the Commodity Credit Corporation. Sets forth program provisions. Limits 1984 wheat acreage reductions to a maximum of 25 percent. Provides for in-kind land diversion payments at a rate of 85 percent of a farm's program payment yield. States that registration for the 1984 wheat program shall be until April 1, 1984. Determines 1984 and 1985 wheat acreage based on the five preceding crop years, respectively.

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1 official file

• Introduced in House

  summary · EN · 6 October 1983

  Open at official source

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