Food Stamp Act of 1977

[AI summary unavailable — showing source text] Food and Agriculture Act - Title I: Payment Limitation for Wheat, Feed Grains, and Upland Cotton - Extends through 1982 the payment limitation for wheat, feed grain, and upland cotton programs provided by the Agriculture Act of 1970, as amended. Title II: Dairy - Extends the effectiveness of Class I dairy base plans through 1985 and of other dairy base plans through 1982. Extends through 1982 the authority for making dairy products available to veterans' hospitals and to the military, and for making indemnity payments to dairy farmers who sustain losses as a result of pesticides. Title III: Wool Program - Extends through 1982 the current program for wool. Title IV: Wheat Program - Establishes the cost of production as the basis for target prices for 1979 through 1982 crops of wheat, corn and upland cotton, and requires that the loan rate on these crops shall be not less than 75 percent of the cost of production, subject to adjustment under special circumstances. Sets the target price for wheat for 1978 at $2.91 per bushel, and the loan rate at $2.18 per bushel. Extends through 1982, among other things: (1) the marketing certificate and acreage set-aside programs, and the exemption …