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1974 Wheat Program Details Announced By Secretary Butz
Secretary of Agriculture Earl L. Butz unveils the 1974 wheat program with no set-aside or conserving base requirements for four years. A new target price of 2.05 dollars per bushel determines payments, with no preliminary payment and payouts after December 1, 1974. The program sets a 55.0 million acre allotment and allows loans at 1.37 per bushel, plus other provisions on excess wheat release and crop substitutions to remain eligible for payments.
MENTIONED IN THIS ARTICLE
Secretary of Agriculture
Earl L. Butz
Agriculture and Consumer Protection Act
Agriculture and Consumer Protection Act of
ASCS