Agricultural Trade Suspension Adjustment Act of 1980

[AI summary unavailable — showing source text] Agricultural Trade Suspension Adjustment Act of 1980 - Amends the Agricultural Act of 1949 to direct the Secretary of Agriculture to make available price support loans for producers of the 1979 through 1981 crops of wheat and feed grains to mitigate the adverse effects of the export restrictions on agricultural products to the Soviet Union. Stipulates that the levels of such loans shall not be used in determining the levels at which producers may or must repay loans prior to their maturity dates. Directs the Secretary to waive interest on such loans. Revises the restrictions on the authority of the Commodity Credit Corporation to sell its stocks of wheat or feed grains to: (1) exempt acquisitions for the food security and trade suspension reserves; (2) set the minimum level for such sales at 105 percent of the then current level at which the Secretary may call for repayment of producer storage loans prior to the maturity dates (formerly, 150 percent of the then current level of price support); and (3) set the minimum level for the sale of corn for use in the production of alcohol for motor fuel at the higher of the price at which producers may repay producer storage loans for the f…