The effective reference price factor rises from 85 to 88 for the 2025 crop year
What the document says“Section 1111(8)(B)(ii) of the Agricultural Act of 2014 (7 U.S.C. 9011(8)(B)(ii)) is amended by striking "85" and inserting "beginning with the crop year 2025, 88".”
The section strikes the number 85 in section 1111(8)(B)(ii) of the Agricultural Act of 2014 (7 U.S.C. 9011(8)(B)(ii)) and inserts words setting the figure at 88 beginning with the crop year 2025. That older provision is not indexed here, so this record states the change and stops.
What the document actually says“Section 1111(8)(B)(ii) of the Agricultural Act of 2014 (7 U.S.C. 9011(8)(B)(ii)) is amended by striking "85" and inserting "beginning with the crop year 2025, 88".”
The number 85 is taken out. The number 88 is put in. The change starts with the 2025 crop year.
The figure is used to work out a price floor for a crop. A higher figure means a higher floor. The older law it sits in is not indexed here.
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