Bill · H.R. 2043· House(119-HR-2043)
Agricultural Commodities Price Enhancement Act
- Introduced
- 3/11/2025
- Last activity
- 3/28/2025 — Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
- Sponsored by
- Donald Davis
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, known as the ``Agricultural Commodities Price Enhancement Act'', aims to increase the reference prices for specific commodities. It proposes changes to the Agricultural Act of 2014 regarding wheat, corn, soybeans, peanuts, and seed cotton. The legislation seeks to raise the price levels set for these various goods. These adjustments are intended to modify existing price standards.
Yes· 3 of 6
Would farmers be better off under this?+6
The bill directly increases the reference prices for major crops grown by farmers.
Would business owners be better off under this?+4
The bill directly benefits owners of agricultural businesses by increasing commodity reference prices.
Would people in rural areas be better off under this?+3
Increased agricultural profitability can benefit rural local economies.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased prices for wheat: The bill raises the price from $5.50 per bushel to $6.50 per bushel in subparagraph (A), which increases the reference price for this commodity.
-
Increased prices for corn: The bill raises the price from $3.70 per bushel to $4.20 per bushel in subparagraph (B), providing a higher reference price for corn.
-
Increased prices for soybeans: The bill raises the price from $8.40 per bushel to $10.00 per bushel in subparagraph (H), which results in a higher reference price for soybeans.
-
Increased prices for peanuts: The bill raises the price from $535.00 per ton to $635.00 per ton in subparagraph (J), increasing the reference price for peanuts.
-
Increased prices for seed cotton: The bill raises the price from $0.367 per pound to $0.45 per pound in subparagraph (O), which increases the reference price for seed cotton.
Potential Negative Impacts for People
- No negative impacts identified: The provided text only contains the specific price increases and does not include any provisions that would result in negative consequences or burdens.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Farmers+6Good For Business Owners+4Good For Rural Residents+3
- Economy And Finance
- Improves Small Business Support+3Improves Economic Growth+1
- Environment Energy And Infrastructure
- Improves Rural Development+2
- 3/28/2025
- Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
- 3/11/2025
- Referred to the House Committee on Agriculture.
- Introduced in House