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Updated: August 9, 2026
In July 1980, I administratively raised loan prices for wheat, feedgrains, and soybeans to help offset the effects of a serious cost-price squeeze. At the same time, the release and call prices for the grain reserve were adjusted upward. The Agricultural Adjustment Act of 1980 raised the target prices for 1980-crop wheat and feed grain crops.
In July 1980, I administratively raised loan prices for wheat, feedgrains, and soybeans to help offset the effects of a serious cost-price squeeze. At the same time, the release and call prices for the grain reserve were adjusted upward. The Agricultural Adjustment Act of 1980 raised the target prices for 1980-crop wheat and feed grain crops.
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