A bill to adjust target prices and loan and purchase levels for the 1979 and 1980 crops of wheat and feed grains; to extend the disaster payment program for the 1980 and 1981 crops of wheat, feed grains, upland cotton, and rice; and to authorize the Secretary of Agriculture to require that producers of wheat, feed grains, upland cotton, and rice not exceed the normal crop acreage for the 1981 crops.

Summary

Amends the Agricultural Act of 1949 to set the established price for wheat at $3.63 per bushel for the 1979 crop and at $3.88 per bushel for the 1980 crop. Sets the established price for corn at $2.35 per bushel for the 1979 crop and at $2.51 per bushel for the 1980 crop. Declares that the payment rate for grain sorghums and barley shall be such rate as the Secretary of Agriculture determines fair and reasonable in relation to the payment rate for corn. Directs the Secretary to make available to producers loans and purchases on the 1979 and 1980 crops at per bushel levels of $2.51 for wheat and $2.14 for corn. Amends the Agricultural Act of 1949 to extend to the 1980 and 1981 crops of wheat, feed grains, upland cotton, and rice the farm and prevented planting disaster payment programs. Denies eligibility for such payments to anyone electing to be covered by crop insurance paid for in part by the Federal Crop Insurance Corporation. Requires the Secretary to notify producers of such commodities of their right to elect between disaster payments and crop insurance coverage. Authorizes the Secretary to require, as a condition of eligibility for specified loans, purchases, and payments, that producers of wheat, feed grains, upland cotton, and rice not to exceed the normal crop acreage for the 1980 and 1981 crops adjusted to be fair and equitable among producers. Authorizes the Secretary, in making such requirement, to increase the established price for any such commodity to compensate producers for participation in such commodity program. Directs the Secretary, in making such increases, to take into consideration changes in production costs resulting from such participation.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 20 November 1979

   Introduced

   Referred to Senate Committee on Agriculture, Nutrition and Forestry.

   Source: IntroReferral

2. 20 November 1979

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 20 November 1979

  Open at official source

Sponsors

• Sen. Boschwitz, Rudy [R-MN] · R · Sponsor
• · ssaf00 · Standing

Related records

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