Wheat and Feed Grain Programs Improvement Act of 1987 - Amends the Agricultural Act of 1949 to establish the loan rate for the 1987 corn crop at $2.40 per bushel. (Currently such rate is based on a percentage of the preceding five years' average price.)
Establishes the loan rate for the 1988 wheat crop at $2.85 per bushel. (Currently such rate is based on a percentage of the preceding five years' average price.)
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
Executive Comment Requested from USDA.
Referred to Subcommittee on Wheat, Soybeans, and Feed Grains.
Unfavorable Executive Comment Received From USDA.
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