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Maryland Farm Front This Week Prices For Wheat
Maryland farmers planting within their farm acreage allotments will receive a 90 percent parity price support for the 1950 crop, backed by the 1949 Agricultural Act. CCC storage loans and purchase agreements will again help cooperating farmers, with loans collateralized by wheat and the option to repay early. Secretary Brannan argues price supports reflect agriculture’s unique challenges, noting perishable, fluctuating farm commodities and the difficulty of adjusting production like other industries.
MENTIONED IN THIS ARTICLE
Joseph H. Blandford
Maryland
PMA
Congress
Blandford
Commodity Credit Corporation
CCC
Brannan
Secretary of Agriculture
Charles F. Brannan
Chicago
Rainieg