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Agricultural Commodities Price Enhancement Act
To increase the reference prices for certain commodities, and for other purposes.
Summary
This bill increases the reference prices for certain agricultural commodities under the Agricultural Act of 2014. The increases include: wheat from $5.50 to $6.50 per bushel, corn from $3.70 to $4.20 per bushel, soybeans from $8.40 to $10.00 per bushel, peanuts from $535 to $635 per ton, and seed cotton from $0.367 to $0.45 per pound. Reference prices are used to determine eligibility and payment levels for federal farm support programs.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
Actions (3)
- Mar 28, 2025 Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. · house
- Mar 11, 2025 Referred to the House Committee on Agriculture. · house
- Mar 11, 2025 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
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Full text
IN THE HOUSE OF REPRESENTATIVES
March 11, 2025
Mr. Davis of North Carolina introduced the following bill; which was referred to the Committee on Agriculture
A BILL
To increase the reference prices for certain commodities, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Agricultural Commodities Price Enhancement Act”.
SEC. 2. REFERENCE PRICE INCREASES FOR WHEAT, CORN, SOYBEANS, PEANUTS, AND SEED COTTON.
Section 1111(19) is amended of the Agricultural Act of 2014 (7 U.S.C. 9011(19)) is amended—
(1) in subparagraph (A), by striking “$5.50 per bushel” and inserting “$6.50 per bushel”;
(2) in subparagraph (B), by striking “$3.70 per bushel” and inserting “$4.20 per bushel”;
(3) in subparagraph (H), by striking “$8.40 per bushel” and inserting “$10.00 per bushel”;
(4) in subparagraph (J), by striking “$535.00 per ton” and inserting “$635.00 per ton”; and
(5) in subparagraph (O), by striking “$0.367 per pound” and inserting “$0.45 per pound”. <all>
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