A bill to support and stabilize farm income and provide an orderly transition to a market-oriented agricultural economy.
Family Farm Protection and Full Production Act of 1985 - Title I: Agricultural Exports - Directs the Secretary of Agriculture to establish a program to make Green Dollar export certificates available to commercial exporters of U.S. agricultural commodities and their products. Provides that each Green Dollar export certificate may be redeemed for commodities owned by the Commodity Credit Corporation (CCC).
Requires the Secretary to determine the total quantity of each commodity owned by the CCC each year. Requires the Secretary to make available for export an amount equal to at least 20 percent of the total quantities owned by the CCC the previous year.
Amends the Food for Peace Act of 1966 to provide that commercial sales of agricultural commodities under the Export Credit Sales program may be financed or guaranteed by the CCC.
Title II: Conservation Acreage Reserve - Directs the Secretary, during the 1986 through 1989 crop years, to enter into contracts with farm owners and operators having eligible reserve acreage to place such land in a Conservation Acreage Reserve. Provides that at least ten percent of the total acreage shall be induced to wetlands, and at least ten percent devoted to shelterbelts in areas prone to wind erosion. Authorizes appropriations for such purposes.
Title III: Wheat - Amends the Agricultural Act of 1949 to direct the Secretary to make nonrecourse loans available to producers for each of the 1986 through 1993 crops of wheat at a level of $2.20 per bushel. Permits the Secretary to raise or lower such levels under specified circumstances.
Provides the method for determining the amount of payments to be made to producers for various crop years.
Suspends specified quota and certificate provisions.
Title IV: Feed Grains - Directs the Secretary to make available to producers nonrecourse loans for each of the 1986 through 1993 crops of corn, grain sorghum, barley, and oats at a level of $1.90, $1.80, $1.63, and $1.01 per bushel, respectively. Permits the Secretary to raise or lower such levels under specified circumstances.
Provides the method for determining the amount of payments to be made to producers for various crop years.
Title V: Cotton - Suspends base acreage allotment and marketing quota provisions for 1986 through 1993 crops of upland cotton.
Directs the Secretary to make nonrecourse loans available to producers for each of the 1986 through 1993 crops of upland wheat at a level of $0.50 per pound. Permits the Secretary to raise or lower such level under specified circumstances.
Provides the method for determining the amount of payments to be made to producers for various crop years.
Extends skiprow practices through 1993.
Title VI: Rice - Directs the Secretary to make nonrecourse loans available to producers for each of the 1986 through 1993 crops of rice at a level of $5.50 per hundredweight. Permits the Secretary to raise or lower such level under specified circumstances.
Provides the method for determining the amount of payments to be made to producers for various crop years.
Title VII: Dairy - Directs the Secretary to make price support available to the producers of milk at a level of $10.60 per hundredweight for manufacturing grade milk containing 3.67 percent milkfat. Permits the Secretary to raise or lower the price support under specified circumstances.
Provides the method for determining the amount of a producer's eligibility for any fiscal year. Establishes the maximum amount of payments which a person may receive as: (1) $20,000 for FY 1986; (2) $18,400 for FY 1987; (3) $16,000 for FY 1988; (4) $13,000 for FY 1989; and (5) $10,000 for FY 1990.
Title VIII: Payment Limitation and Conservation of Lands Subject to Excessive Erosion - Establishes a payment limitation for persons receiving payments for wheat, feed grains, cotton, rice, and dairy products of: (1) $63,000 for 1986; (2) $57,960 for 1987; (3) $50,400 for 1988; (4) $40,950 for 1989; and (5) $31,500 for 1990.
Directs the Secretary to identify at least 30 million acres of land devoted to the production of agricultural commodities that are subject to excessive erosion. Provides that such acreage shall not be eligible for price supports under such Act. Declares such acreage eligible for the Conservation Acreage Reserve.
Title IX: Grain Reserve - Authorizes the Secretary to provide original or extended price support loans for wheat and feed grains. Allows the Secretary to provide for: (1) the repayment of such loans in one to three years; (2) the prohibition of the forfeiture to the CCC of wheat or feed grains pledged as collateral for such loans; (3) the interest rate; (4) payments to producers for storage for the first year of the loan; and (5) payments for storage for the second and third year of such loans if the quantity of wheat or feed gain in the reserve falls below a certain level and the Secretary determines that such payments will not disrupt the market.
Provides that interest shall not accrue during the first year of such loans. Allows the Secretary to waive or adjust such interest during the second and third year under specified circumstances.
Declares that the Secretary shall not provide such loans during the 1985 and subsequent crop years unless: (1) the quantity of wheat or feed grains falls below a certain level; or (2) the Secretary determines that such levels do not reflect current supply and demand conditions and the quantity of such reserves falls below a certain projected usage.
Title X: Sugar - Directs the Secretary to support the prices of domestically grown sugar cane and sugar beets for the 1986 through 1993 crop years.
Title XI: Special Option for 1985 Crop Loan Recipients - Directs the Secretary to establish optional repayment levels for 1985 crop loan recipients. Provides that such levels shall not be less than: (1) $2.20 per bushel for wheat; (2) $1.90 per bushel for corn; (3) $1.80 per bushel for grain sorghum; (4) $1.63 per bushel for barley; (5) $1.01 per bushel for oats; (6) $0.50 per pound for upland cotton; (7) $0.75 per pound for extra long staple cotton; and (8) $5.50 per hundredweight for rice.
Indefinitely postponed by Senate by Voice Vote.
Introduced in Senate
Read twice and referred to the Committee on Agriculture.
Committee on Agriculture requested executive comment from Agriculture Department.
Committee on Agriculture. Provisions of measure incorporated into measure S. 1714 ordered to be reported.
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