Emergency Agricultural Act of 1983

[AI summary unavailable — showing source text] Emergency Agricultural Act of 1983 - Title I: Emergency Loan Guarantees - Authorizes the Secretary of Agriculture to guarantee up to 90 percent of private lender farm loans if the lenders agree to defer payments and interest or foreclosures through FY 1984. Prohibits the Secretary from: (1) charging any fees in connection with such agreements; and (2) guaranteeing loans in excess of specified ceilings. Sets aside specified moneys in the Agricultural Credit Insurance Fund for such loan guarantee program. Directs the Secretary to use Federal intermediate banks and their credit associations to administer such program. Title II: Loan Deferrals - Amends the Consolidated Farm and Rural Development Act to permit family farmers to request Farmers Home Administration (FmHA) loan repayment and foreclosure deferrals through FY 1984. Provides for loan consolidation and rescheduling at the end of such deferral period. Requires the Secretary to provide notification to FmHA borrowers regarding such deferral and rescheduling programs. Title III: Domestic Payments In Kind - Amends the Agricultural Act of 1949 to exempt 1983 through 1985 wheat, feed grain, upland cotton, and rice payments-in-kind fr…