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United States · Bill · S

S. 308 (100th)

Soybean Marketing Act of 1987

referredUnited States· United States Congress· EN

Introduced

13 January 1987

Last action

Status

Referred to Subcommittee on Agricultural Production.

Sponsors

Subjects

Discovery layer

Source updated

28 August 2025

Summary

Soybean Marketing Act of 1987 - Amends the Agricultural Act of 1949 to extend for the 1987 through 1990 soybean crops: (1) price supports at $5.02 per bushel; (2) marketing loans with a loan repayment rate that is the lesser of (A) the loan level determined or (B) the higher of (i) such loan level multiplied by 50 percent in 1987, 60 percent in 1988, and 70 percent in 1989 and 1990 or (ii) the prevailing world market price; and (3) loan deficiency payments.

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Documents

1 official file

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Sources

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