Agricultural Recovery Act of 1983

[AI summary unavailable — showing source text] Agricultural Recovery Act of 1983 - Title I: Dairy - Amends the Agricultural Adjustment Act of 1949 to eliminate the 50-cent milk producer assessments. Reduces milk support levels from $13.10 to $11.32 per hundredweight. Requires annual price adjustments at the beginning of each fiscal year. Title II: Wheat - Sets 1984 and 1985 wheat support levels at not more than $3.65 per bushel (presently not less than $3.55 per bushel). Sets 1983 through 1985 target prices at not more than $4.30 per bushel (presently not less than $4.30 for 1983, $4.45 for 1984, and $4.65 for 1985). Directs the Secretary of Agriculture for either the 1984 or 1985 crop, to: (1) limit wheat acreage; (2) maintain a set-aside program; or (3) maintain a land diversion program if the total supply of wheat on May 31 of the marketing year exceeds five percent of the total projected annual world utilization for that year. Directs the Secretary to announce such programs by August 15. Provides that the 1984 and 1985 farm acreage bases shall be the same as for 1983, with certain adjustments as necessary. Title III: Feed Grains - Sets 1984 and 1985 corn support levels at not more than $2.65 per bushel (presently not less t…