March 11, 2025
Mr. Davis of North Carolina introduced the following bill; which was referred to the Committee on Agriculture
To increase the reference prices for certain commodities, and for other purposes.
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
.