A bill to authorize the establishment of an international emergency wheat reserve, and for other purposes.
International Wheat Reserve Act - Directs the President to establish a reserve stock of wheat of up to 6,000,000 tons (or more if necessary to meet obligations under the Wheat Trade Convention). Permits release of such reserves: (1) to provide humanitarian relief in any foreign country suffering a major disaster; (2) to assist any developing country to meet its food requirements in any year in which the market price of wheat is high and the United States domestic supply is limited; and (3) to fulfill any reserve stock obligations under the Wheat Trade Convention.
Introduced in Senate
Referred to Senate Committee on Agriculture, Nutrition and Forestry.
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