Family Farm Act

[AI summary unavailable — showing source text] Family Farm Act - Title I: Agricultural Commodity Supply Management - Amends the Agricultural Act of 1949, effective for the 1988 through 2000 crop years, to direct the Secretary of Agriculture to conduct referendums among crop and milk producers every four years to determine whether an agricultural commodity supply management program (program) shall be in effect for such period. (States that if a referendum is not approved current price support provisions shall apply.) Administers such program through the Commodity Credit Corporation (CCC). Establishes program commodity loan rates at 70 percent of parity beginning with the 1988 crop year, and increasing by one percent per year to a maximum of 80 percent for the 1998 through 2000 crop years. (Eliminates target prices and other subsidy payments.) Directs the Secretary to conduct a study and report to the Congress prior to the beginning of the 1993 crop year regarding the economic impact of this Act and the continuation of such loan schedule. Directs the Secretary to: (1) proclaim a national marketing quota for each commodity based upon domestic and export demands, food aid requirements, and carryover and reserve requirements; and (2…