A bill to establish an acreage base and program yield system for wheat, feed grain, upland cotton, and rice programs.

Amends the Agricultural Act of 1949 to direct the Secretary of Agriculture to provide for the establishment and maintenance through the county committees of farm acreage and crop acreage bases for each program crop (wheat, feed grains, upland cotton, and rice) based on the preceding five crop years. Permits: (1) producer crop acreage base adjustments; and (2) the Secretary to suspend acreage limitations when market factors or emergencies demand.

Requires program participation in order to receive price support assistance.

Directs the Secretary to provide through the county committees for a farm program yield for each crop based on the preceding five years.

Sets forth related county committee recordkeeping responsibilities.

Provides that: (1) price supports for peanuts for which marketing quotas have been disapproved shall be 50 percent of parity; and (2) no supports for tobacco for which marketing quotas have been disapproved.