Agricultural Commodities Price Enhancement Act
Introduced Mar 11, 2025 by Rep. Donald G. Davis
It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.
This bill increases the reference prices for certain commodities under the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs. Specifically, the bill increases the reference prices for wheat, corn, soybeans, peanuts, and seed cotton.
The ARC and PLC programs, administered by the Farm Service Agency, offer financial assistance to eligible agricultural producers, and the reference prices are used to calculate benefits under the programs. The ARC Program is an income support program that provides payments to producers when actual crop revenue declines below a specified guarantee level. The PLC Program provides income support payments when the effective price for a covered commodity falls below its effective reference price.
Summary by the Congressional Research Service.
No floor votes yet — it hasn't reached the floor of either chamber.