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Farm storage loans and wheat quotas shift farming tools
County Extension News outlines a federal storage loan program offering up to 80 percent of the cost for five years at four percent interest to bolster on farm bins and new storage. It notes wheat marketing quotas, penalties of 45 percent of May parity, and a June referendum to decide 1959 price supports. Local ASC chair Dave Noe urges eligible growers to vote and plan acreage allotments by July 1, with reminders on old and new farm wheat allotments and the importance of storage, feeding, and market timing.
MENTIONED IN THIS ARTICLE
Douglas
Stabilization and Conservation Committee
Cary
Department of Agriculture
Kansas
Douglas County
Dave Noe
ASC
Noe
St. Street
Lawrence
ASC County Committee