Inflation percentage

Section 305(c) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1925(c)) is amended— (1) in paragraph (1), by striking of the Prices Paid By Farmers Index (as compiled by the National Agricultural Statistics Service of the Department of Agriculture) for the 12-month period ending on July 31 of the immediately preceding fiscal year and inserting of the per acre average United States farm real estate value, the per acre average United States cropland value, and the per acre average United States pasture value for the preceding year (as published in the applicable Agricultural Land Values report of the National Agricultural Statistics Service of the Department of Agriculture), weighted equally, to the extent practicable; and (2) in paragraph (2), by striking of such index (as so defined) for the 12-month period that immediately precedes the 12-month period described in paragraph (1) and inserting of the per acre average United States farm real estate value, the per acre average United States cropland value, and the per acre average United States pasture value for the preceding year (as so published), weighted equally, to the extent practicable.