Agricultural Trade Suspension Mitigation Act of 1980

[AI summary unavailable — showing source text] Agricultural Trade Suspension Mitigation Act of 1980 - Title I: Gasohol Feedstock Reserve and Food Security Reserve - Authorizes the Secretary of Agriculture to establish a gasohol feedstock reserve and/or a food security reserve whenever: (1) the President or other member of the executive branch causes the commercial sales of any commodity to any country or area of the world to be suspended for reasons of national security or foreign policy under any provision of law; and (2) the prices producers receive for such commodities are, or will be, adversely affected by such action. Directs the Secretary to announce, within 30 days after such suspension: (1) whether reserves under this Act will be established; and (2) the amount of the commodity to be placed in such reserves. Requires that such amount be that portion of the suspended commercial exports which should be removed from the market to maintain producer prices at the levels immediately prior to the suspension. Authorizes the Secretary to establish a gasohol feedstock reserve necessary to stabilize prices under this Act by purchasing, through the Commodity Credit Corporation, commodities suitable for use in the production of alco…