A bill to amend Sec. (b) (10) (a) and (c), Agricultural Adjustment Act of 1938 (7 U.S.C. 1281).

[AI summary unavailable — showing source text] Amends the Agricultural Adjustment Act of 1938 to alter the formula (consisting of the amount of the domestic consumption of a commodity for the immediately preceding year, plus estimated exports for the year in question, plus an allowance for carry-over) for the determination of the "normal supply" of an agricultural commodity for any marketing year, on which acreage allotments are based. Increases the allowance for carry-over: (1) from 15 to 25 percent of the sum of domestic consumption and exports in the case of corn; (2) from 20 to 25 percent in the case of wheat; and (3) from 30 to 50 percent in the case of cotton.…