A bill to amend the Agricultural Act of 1949 to improve the farmer owned reserve program, and for other purposes.
Farmer Owned Reserve Improvements Act of 1992 - Amends the Agricultural Act of 1949 with regard to the farmer owned reserve program to authorize the Secretary of Agriculture to: (1) provide original price support loans for wheat and feed grains; (2) announce program conditions at any time; and (3) permit program entry as unforeseen market conditions warrant.
Authorizes discretionary program exit for producers with original loans.
Referred to the Subcommittee on Conservation, Credit, and Rural Development.
Introduced in Senate
Read twice and referred to the Committee on Agriculture.
Referred to Subcommittee on Agricultural Production.
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