S 308
100th Congress
Senate
Agriculture and Food
Agricultural economics
Agricultural price supports
Agriculture and Rural Affairs
Soybeans
Soybean Marketing Act of 1987
Introduced: January 13, 1987
See on congress.gov
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 16, 1987
Referred to Subcommittee on Agricultural Production.
Mar 12, 1987
Subcommittee on Domestic and Foreign Marketing. Hearings held.
Mar 10, 1987
Subcommittee on Domestic and Foreign Marketing. Hearings held.
Feb 24, 1987
Committee on Agriculture requested executive comment from Agriculture Department.
Jan 13, 1987
Read twice and referred to the Committee on Agriculture.
Jan 13, 1987
Introduced in Senate
Plain-English summary
Soybean Marketing Act of 1987 - Amends the Agricultural Act of 1949 to extend for the 1987 through 1990 soybean crops: (1) price supports at $5.02 per bushel; (2) marketing loans with a loan repayment rate that is the lesser of (A) the loan level determined or (B) the higher of (i) such loan level multiplied by 50 percent in 1987, 60 percent in 1988, and 70 percent in 1989 and 1990 or (ii) the prevailing world market price; and (3) loan deficiency payments.
What's happening now
Referred to Subcommittee on Agricultural Production.
Cosponsors
1