American Agriculture Protection Act - Directs the Secretary of Agriculture, in the event of an export embargo on grain sales to any country or area with which the United States continues commercial trade, to set the loan level for such commodity (wheat, feed grain, soybeans, rice or flaxseed) at 100 percent of the parity price for such commodity as determined the day such embargo is initiated. Requires such loan level to remain in effect for the duration of such embargo.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
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