A bill to adjust target prices for the 1979 and 1980 crops of wheat and feed grains.

Amends the Agricultural Act of 1949 to set the established price for wheat at $3.63 per bushel for the 1979 crop and at $3.88 per bushel for the 1980 crop.

Sets the established price for corn at $2.35 per bushel for the 1979 crop and at $2.51 per bushel for the 1980 crop.

Declares that the payment rate for grain sorghums and barley shall be such rate as the Secretary of Agriculture determines fair and reasonable in relation to the payment rate for corn.