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PUBLIC LAW 86-835-AUG. 28, 1958

[72 S T A T.

"DISCONTINUANCE OF ACRP:AGE ALLOTMENTS ON CORN

7 USC 1281.

"(1) The Agricultural Adjustment Act of 1938, as amended, is amended by adding the following new section: " 'SEC. 830. Notwithstanding any other provision of law, acreage allotments and a commercial corn-producing area shall not be established for the 1959 and subsequent crops of corn.' "PRICE SUPPORT

7 USC i42inote.

7 USC 1441.

"(2) The Agricultural Act of 1949, as amended, is amended by adding the following new section: " ' SEC. 105. (a) Notwithstanding the provisions of section 101 of this Act, beginning with the 1959 crop, price support shall be made available to producers for each crop of corn at 90 per centum of the average price received by farmers during the three calendar years immediately preceding the calendar year in which the marketing year for such crop begins, adjusted to offset the effect on such price of any abnormal quantities of low-grade corn marketed during any of such year: Provided, That the level of price support for any crop of corn shall not be less than 65 per centum of the parity price therefor. '' '(b) Beginning with the 1959 crop, price support shall be made available to producers for each crop of oats, rye, barley, and grain sorghums at such level of the parity price therefor as the Secretary of Agriculture determines is fair and reasonable in relation to the level at which price support is made available for corn, taking into consideration the feeding value of such commodity in relation to corn, and the other factors set forth in section 401(b) hereof.' "(3) Section 101(d)(4) of the Agricultural Act of 1949, as amended,, is repealed effective with the 1959 crop." TITLE III—KICE MINIMUM

7 USC 1353.

N A T I O N A L A N D STATE ACREAGE

SEC. 301. Section 353(c)(6) of the Agricultural Adjustment Act of 1938, as amended, is amended by striking out "1957 and 1958" in each place it occurs therein, and inserting "1957 and subsequent years", PRICE

7 USC 1441.

ALLOTMENTS

SUPPORT

SEC. 302. (a) Section 101(a) of the Agricultural Act of 1949, as amended, is amended, effective beginning with the 1959 crop— (1) by striking out "wheat, and rice" and inserting "and wheat"; and (2) by adding at the end thereof the following new paragraph: "For rice of the 1959 and 1960 crops, the level of support shall be not less than 75 per centum of the parity price. For rice of the 1961 crop the level of support shall be not less than 70 per centum of the parity price. For the 1962 and subsequent crops of rice the level of support shall be not less than 65 per centum of the parity price." TITLE IV—WOOL

7 USC 1782.

SEC. 401. Section 703 of the National Wool Act of 1954 (68 Stat. 910) is amended by striking out "March 31, 1959" and inserting in lieu thereof "March 31, 1962".

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