Agricultural Act of 1982

Summary

Agricultural Act of 1982 - Title I: Wheat, Feed Grain, Upland Cotton, and Rice Programs Under the Agricultural Act of 1949 - Amends the Agricultural Act of 1949 to establish a combined acreage limitation program for the 1984 crops of wheat, feed grains, upland cotton, and rice. Requires reductions in acreage bases. Sets minimum reduction rates at 15%, half of which shall be under the diversion program, half under the acreage limitation program. Bases 1984 acreages on 1983 figures. Sets minimum diversion payments at: (1) $3.00 a bushel for wheat; (2) $1.50 a bushel for corn (basis for feed grains); (3) $.30 a pound for upland cotton; and (4) $3.00 per hundredweight for rice. Sets 1983 through 1985 minimum price support loan rates at: (1) $3.80 a bushel for wheat; (2) $2.75 a bushel for corn; (3) $.60 a pound for upland cotton; and (4) $8.55 per hundredweight for rice. Title II: Special Payment-In-Kind - Authorizes the Secretary of Agriculture to carry out a 1983 through 1985 payment-in-kind land conservation program. Uses excess Commodity Credit Corporation (CCC) stocks to compensate participating farmers. Sets forth program provisions. Title III: Expansion of International Markets For, and the Disposition of, United States Agricultural Commodities - Amends the Agriculture and Food Act of 1981 to authorize the Secretary to give excess CCC stocks free to U.S. processors and exporters, and to foreign nations to encourage U.S. commodity exports. Directs the Secretary to: (1) use such stocks to make additional sales or to offset foreign export subsidies; (2) prevent the resale or transshipment of such stocks; and (3) provide subsidies to domestic industries hurt by imports made in whole or in part from such stocks. Restricts such program to countries having most-favored-nation status. Amends the Agricultural Trade Development and Assistance Act of 1954 (P.L. 480) and the Agricultural Act of 1949 to expand the overseas use of CCC stocks.

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Documents

2 official files

• Reported to Senate with amendment(s)

  summary · EN · 14 December 1982

  Open at official source

• Introduced in Senate

  summary · EN · 3 December 1982

  Open at official source

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