HR 1797 · 100th Congress · Agriculture and Food
A bill to revise the price support level, and implement a marketing loan program, for the 1988 through 1990 crops of soybeans under the Agriculture Act of 1949.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Unfavorable Executive Comment Received From USDA.(1987-10-27)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Agricultural Act of 1949 to set 1988 through 1990 soybean support prices at $5.70 per bushel. (Currently such levels are a minimum of $4.50 per bushel for 1988 through 1990.) Requires (current law authorizes) soybean loan repayment at the lesser of prevailing world prices or the crop loan level.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (9)
5 Democrats4 Republicans