S 2135
100th Congress
Senate
Agriculture and Food
Agricultural economics
Agricultural price supports
Agriculture and Rural Affairs
Oilseeds
Soybeans
A bill to amend the Agricultural Act of 1949 to modify the price support levels for the 1989 and 1990 crops of soybeans, and for other purposes.
Introduced: March 4, 1988
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 5, 1988
Referred to Subcommittee on Agricultural Production.
Mar 4, 1988
Read twice and referred to the Committee on Agriculture.
Mar 4, 1988
Introduced in Senate
Plain-English summary
Amends the Agricultural Act of 1949 to set 1989 and 1990 soybean support prices at $5.02 per bushel. (Currently such levels are a minimum of $4.50 per bushel through 1990.)
Requires (current law authorizes) soybean loan repayment at the lesser of prevailing world prices or the crop loan level.
States that 1989 and 1990 cottonseed and sunflower seed prices shall be supported at traditional soybean-based levels.
What's happening now
Referred to Subcommittee on Agricultural Production.
Committees of jurisdiction
2
Cosponsors
1