A bill to protect the economy of the United States; domestic agriculture, labor and industry, by the maintenance of farm income and purchasing power.

Directs the Secretary of Agriculture: (1) to use specified funds to maintain adequate supplies and prices for perishable agricultural commodities; and (2) to increase periodically the loan rates and target prices for 1977 through 1981 for wheat, feed grains, upland cotton, rice, peanuts, soybeans, and sugar, to reflect cost-of-living increases granted to individuals in the public and private sector or to reflect increases in the minimum wage.