A bill to amend the Agricultural Act of 1949 to require the Commodity Credit Corporation to pay producers for on-farm storage of commodities, and for other purposes.
Temporary Emergency Grain Storage Act of 1986 - Amends the Agricultural Act of 1949 to direct the Secretary of Agriculture, where Commodity Credit Corporation-approved grain storage facilities are insufficient, to pay for on-farm storage at rates consistent with commercial facilities. Terminates such authority on May 1, 1987 (with a one-year extension available).
Directs the Secretary, whenever demand for Corporation-approved storage exceeds capacity, to utilize rail cars, barges, and other temporary storage facilities.
Permits in-kind payment of such storage costs.
Introduced in Senate
Read twice and referred to the Committee on Agriculture.
Referred to Subcommittee on Agricultural Production.
Committee on Agriculture requested executive comment from Agriculture Department.
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