Page:United States Statutes at Large Volume 104 Part 5.djvu/186

 104 STAT. 3508 PUBLIC LAW 101-624—NOV. 28, 1990 Effective date. "(d) CROPS.—Notwithstanding any other provision of law, this T^raiination section shall be effective only for the 1991 through 1995 crops of peanuts, soybeans, sugar beets, and sugarcane.". SEC. 1127. INCREASE IN SUPPORT LEVELS. 7 USC 1422. Section 402 of the Agricultural Act of 1949 (7 U.S.C. 1421) is amended— (1) by inserting "(a)" after the section designation; and (2) by adding at the end the following new subsection: "(b) Effective only for the 1991 through 1995 crops of wheat, feed grains, cotton, and rice, the Secretary of Agriculture may provide for annual adjustments in the established prices for such program crops to reflect any change during the last calendar year ending before the beginning of each such crop year in the index of prices paid by farmers for production items, interest, taxes, and wage rates in such calendar year.". SEC. 1128. ADJUSTMENT OF SUPPORT PRICES. Section 403 of the Agricultural Act of 1949 (7 U.S.C. 1423) is amended to read as follows: 7 USC 1423. "SEC. 403. ADJUSTMENTS OF SUPPORT PRICES. "(a) IN GENERAL.— The Secretary may make appropriate adjustments in the support price for any commodity (excluding cotton) for differences in grade, type, quality, location and other factors. The adjustments shall, so far as practicable, be made in such manner that the average support price for the commodity will, on the basis of the anticipated incidence of such factors be equal to the level of support determined as provided in this Act. (b) ADJUSTMENT IN SUPPORT PRICES FOR COTTON.—The Secretary may make appropriate adjustments in the support price for cotton for differences in quality factors and location. Beginning with the 1991 crop, the quality differences (premiums and discounts for quality factors) for the upland cotton loan program shall be established by the Secretary by giving equal weight to (1) loan differences for the preceding crop, and (2) market differences for such crop in the designated United States spot markets. " (c) LIMITATION ON ADJUSTMENTS FOR WHEAT AND FEED GRAINS.— Notwithstanding any other provision of this section, for each of the 1990 through 1995 crops of wheat and feed grains, no adjustment in the loan rate applicable to a particular region. State, or county for the purpose of reflecting transportation differentials may increase or decrease the regional, State, or county loan rate from the level established for the previous year by more than the percenteige change in the national average loan rate plus or minus 3 percent.". SEC. 1129. PROGRAM OPTION FOR 1996 CROPS. Subsection 0^) of section 406 of the Agricultural Act of 1949 (7 U.S.C. 1426(b)) is amended to read as follows: "(b)(1) Notwithstanding any other provision of law, the Secretary may offer an option to producers of the 1996 crop of wheat, feed grains, upland cotton, extra long staple cotton, rice, or oilseeds and to dairy producers for the 1996 calendar year to participate in commodity price support, production adjustment, and payment programs as provided in this subsection. "(2) The Secretary may offer such programs based on the terms and conditions as are provided in sections 101(h), lOlB, 103B, 105B,

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