The main purpose of this legislation is to increase the reference prices for certain agricultural commodities, specifically wheat, corn, soybeans, peanuts, and seed cotton. The goal is to provide better financial support to farmers by raising the prices at which these crops are valued, helping them to maintain their livelihoods and encouraging agricultural production. Key provisions of the legislation include specific increases to the reference prices for each of the mentioned commodities. For wheat, the reference price is raised from $5.50 to $6.50 per bushel.