A bill to further the purpose of the Food and Agriculture Act of 1977 in providing price and income protection for farmers and assuring consumers of an abundance of food and fiber at reasonable prices.

Amends the Food and Agriculture Act of 1977, effective for one or more of the 1980 and 1981 crops of upland cotton, feed grains, rice, and wheat, to authorize the Secretary of Agriculture to require producers not to exceed the acreage on the farm normally planted to crops designated by the Secretary. States that such acreage shall be reduced by any set-aside or diverted acreage.

Authorizes the Secretary to increase the established price for any such commodity for which he requires producers not to exceed normally planted acreage.

Sets the established prices for the 1980 and 1981 crops of such commodities at not less than the established prices for the previous year's crop of the respective commodities adjusted to reflect any change in the inflation rate for such previous crop year.