H.R. 5101 — Introduced in House

I 118th CONGRESS 1st Session H. R. 5101 IN THE HOUSE OF REPRESENTATIVES August 1, 2023Mr. Davis of North Carolina introduced the following bill; which was referred to the Committee on Agriculture A BILL To increase the reference prices for certain commodities, and for other purposes. 1. Short title This Act may be cited as the Agricultural Commodities Price Enhancement Act of 2023. 2. Reference price increases for wheat, corn, soybeans, peanuts, and seed cotton Section 1111(19) is amended of the Agricultural Act of 2014 (7 U.S.C. 9011(19)) is amended— (1) in subparagraph (A), by striking $5.50 per bushel and inserting $6.05 per bushel; (2) in subparagraph (B), by striking $3.70 per bushel and inserting $4.63 per bushel; (3) in subparagraph (H), by striking $8.40 per bushel and inserting $9.66 per bushel; (4) in subparagraph (J), by striking $535.00 per ton and inserting $588.50 per ton; and (5) in subparagraph (O), by striking $0.367 per pound and inserting $0.45 per pound.