Bill > S956

This bill permanently suspends certain agricultural price support authorities, meaning the government will no longer provide direct financial support to stabilize prices for specific farm products. This suspension applies to "covered commodities," which are defined in the Food, Conservation, and Energy Act of 2008 and generally refer to major crops like corn, soybeans, and wheat, as well as peanuts, sugar, and milk. The bill achieves this by making various sections of the Agricultural Adjustment Act of 1938 and the Agricultural Act of 1949, which contain these price support provisions, inapplicable to these commodities. Additionally, it suspends certain marketing quota provisions related to corn and wheat for wheat crops. In essence, this legislation aims to end government intervention in setting minimum prices for these agricultural goods.