A bill to amend the Agricultural Act of 1949 to maintain the support price for the 1986 crop of soybeans at $5.02 per bushel, and for other purposes.

Amends the Agricultural Act of 1949 to repeal the Secretary of Agriculture's authority to reduce 1986 through 1990 soybean support levels. (Existing law allows the Secretary to reduce the level of soybean loans and purchases by up to five percent per year if such loans or purchases discouraged the exportation of soybeans and caused excessive U.S. stocks of soybeans.)