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Grain Reserve opens to this year's corn crop
ASCS officials announced farmers can move corn directly into the Grain Reserve after obtaining a CCC loan with no nine month waiting period. Loans carry seven percent interest and storage payments are offered for corn barley and wheat with per bushel rates. Government storage plans aim to reduce reliance on private firms and may lead to new grain bins by 1979 with farmer rented storage.
MENTIONED IN THIS ARTICLE
ASCS
West Central County
Credit Commodity Corp
CCC
Wisconsin
Archer-Daniels-Midland
ADM
Twin Cities
Fall Creek
Durand
USDA
Cargill