A bill to amend the Agricultural Act of 1949 as amended by Public Law 95-113 to provide a target price for feed grains which more fairly represents their average market value compared to wheat.

Amends the Agricultural Act of 1949 to set the established price for corn at 80 percent of the established price for wheat in the 1979, 1980, and 1981 crop years. Sets the established price for grain sorghum, barley, oats, and rye in each such crop year at a level the Secretary of Agriculture determines to be equivalent to the level established for corn taking into consideration the feeding value and average transportation costs to market for each such feed grain in relation to corn.