Agricultural Act

[AI summary unavailable — showing source text] Agricultural Act - Title I: Payment Limitation for Wheat, Feed Grains and Upland Cotton - Sets increasing amounts of payment limitations for each crop year from 1978 through 1981 for persons entitled to receive payments for wheat, feed grains or upland cotton under the annual programs established by the Agricultural Acts of 1949 and 1970. Title II: Dairy and Beekeeper Programs - Extends the effectiveness of Class I dairy base plans through 1984 and of other dairy base plans through 1981. Extends through 1981 the authority for making dairy products available to veterans' hospitals and to the Armed Forces, and for making indemnity payments to dairy farmers who sustain losses as a result of pesticides or, new with this Act, as a result of nuclear radiation of fallout. Sets the price support of milk at not less than 80 percent of parity, adjusted at the beginning of each semiannual period after the beginning of the marketing year and at the beginning of each remaining quarter. Extends through fiscal year 1981 the provisions of the beekeeper indemnity program. Title III: Wool and Mohair - Extends through 1981 the price support provisions of the National Wool Act of 1954. Excepts 1977 fr…