A bill to amend the Agricultural Act of 1949 to require marketing loans or production option payments for soybeans.
Soybean Production Program Improvement Act of 1986 - Amends the Agricultural Act of 1949 to set soybean price supports for the 1988 through 1990 crops at $5.02 per bushel. (Repeals the current price support provision for such crop years.)
Directs the Secretary of Agriculture, for each of the 1986 through 1990 soybean crops, to permit a producer who agrees to forgo loan eligibility or to repay nonrecourse loan at full face value to obtain specified amounts of commodity marketing certificates.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
Referred to Subcommittee on Wheat, Soybeans, and Feed Grains.
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