Emergency Feed Act

[AI summary unavailable — showing source text] Emergency Feed Act - Authorizes the Secretary of Agriculture to implement an emergency program to assist persons in maintaining and preserving livestock or poultry in any area of the United States including Puerto Rico and the Virgin Islands, where, because of natural catastrophe, the Secretary determines that an emergency exists. Limits such assistance to bona fide farmers and ranchers primarily and directly engaged in breeding, raising, fattening or marketing livestock and poultry. Limits assistance to corporations or partnerships to those whose majority interest is held by stockholders or partners who themselves are primarily and directly engaged in such operations. Requires that reimbursements be made to any eligible person who has suffered a substantial loss in the livestock feed normally produced on his farm for his livestock, or who has incurred, as a result of conditions caused by natural disaster, significantly higher costs in obtaining feed he normally purchases. Requires that the eligible person have an insufficient supply of feed and have had to purchase feed in increased quantities or at increased costs. Excludes from consideration feed normally grown or sold for seedi…