Wheat Counter-Cyclical Payments Enhancement Act

To amend the Farm Security and Rural Investment Act of 2002 to authorize the Secretary of Agriculture to consider variations in the national average market price for different classes of wheat when determining the eligibility of wheat producers for counter-cyclical payments for the 2007 crop year.

6/27/2007--Introduced.
Wheat Counter-Cyclical Payments Enhancement Act - Amends the Farm Security and Rural Investment Act of 2002 to authorize the Secretary of Agriculture to consider national average market price variations for different classes of wheat when determining wheat producer eligibility for 2007 counter-cyclical payments. States that in calculating a separate effective price for a class of wheat the effective price shall equal the sum of:
(1) the higher of the national average market price received by producers during the 12-month marketing year, or the national average loan rate during that period; and
(2) the direct wheat payment rate.


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Sponsor

• Rep. Cathy McMorris Rodgers [R, WA-5]
• and 2 Co-Sponsors
  • Rep. Doc Hastings [R, WA-4]
  • Rep. Rick Larsen [D, WA-2]
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Committees

• House Agriculture

Amendments

This bill has no amendments.

Amendments to H.R.2879

Number	Status	Purpose

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
June 27, 2007

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All Bill Actions

• Jun 27, 2007: Referred to the House Committee on Agriculture.
• Introduced on Jun 27, 2007.

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Related Bills:

• S.1706

Related Issue Areas:

• Agriculture
• Agricultural prices
• Agricultural subsidies
• Wheat

Data from the Congressional Research Service

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Blog Coverage

June 26, 2007 HR 2879, To amend the Farm Security and Rural Investment Act of ...

HR 2879 would amend the Farm Security and Rural Investment Act of 2002 to authorize the Secretary of Agriculture to consider variations in the national average market price for different classes of wheat when determining the eligibility ...

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