Freeman Sets 1961 Feed Grain Support Prices
Secretary Freeman announces 1961 emergency feed grain prices with corn at 1.20 per bushel barley 93 cents per bushel grain sorghum 1.93 per hundredweight oats 62 cents per bushel and rye 1.02 per bushel. Farmers must reduce 1961 acreages of corn and sorghum by at least 20 percent to be eligible for price support.
MENTIONED IN THIS ARTICLE
Cherokee County
Louis C. Bengtson
County Agricultural Stabilization and Conservation Commit
Tee
Oilseed price supports set for 1961 crops
1961 national average supports set at 2.30 per bushel for soybeans and 2.80 for flaxseed. Bengtson notes these reflect about 79 percent and 73.5 percent of parity, with 1960 levels at 1.85 for soybeans and 2.38 for flaxseed. Freeman cites the 1961 levels as announced by the Agriculture Secretary.
MENTIONED IN THIS ARTICLE
Louis C. Bengtson
County Agriculture Stabilization and Conservation Committee
Agrculture
Orville L. Freeman
Soybean Support Raised to Aid 1961 Feed Grain Plan
Support price for soybeans increased 45 cents per bushel from last year to bolster 1961 emergency feed grain program and meet projected needs. Vegetable oil demand is vast worldwide, prompting a push for better balance between soybean and feed crop acreages as production outpaces demand.
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