Amends the Agricultural Act of 1949 to raise the price support level for the 1982-1985 corn crops from $2.55 to $3.10 per bushel, and the minimum price from $2 to $2.55 per bushel.
Raises the price support level for the 1982-1985 wheat crops from $3.55 to $4.30 per bushel, and the minimum price from $3 to $3.75 per bushel.
Provides for a one-year moratorium on farm loan repayments and mortgage foreclosures.
Amends the Emergency Agricultural Credit Adjustment Act of 1978 to require (currently authorizes) the Secretary of Agriculture to make emergency loan funds available.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
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