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Freeman Comments on Wheat Referendum Defeat
Secretary of Agriculture Orville L. Freeman states that May 21 voting against marketing quotas leaves unlimited wheat production and no price support as an option for 1964. He notes the 1964 program sets 50 percent parity price supports and loans around 125 dollars per bushel for compliant farms, with quotas to be decided by future referendum if supplies are excessive.
MENTIONED IN THIS ARTICLE
Orville L. Freeman
Secretary of Agriculture
CCC
Congress
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