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Wheat Diversions and Acreage Rules In 1963 Farm Bill
Federal rules allow wheat growers to divert 20 percent down to 3 percent of their allotments for 1963 with diverted acres payments at 50 percent of price support times normal yield. The 1962 plan allowed up to 40 percent with higher payments on excess, while the 1963 program sets a uniform 50 percent payment level and introduces a direct 18 cent subsidy for farmers planting at least 20 percent of their allotments for harvest. The marketing quota exemption is tied to the smallest of 15 acres or the highest wheat acreage planted in 1959 60 or 61, and a referendum on a 1964 certificate program may set price supports for primary use wheat at 6 to 90 percent of parity.
MENTIONED IN THIS ARTICLE
Kennedy
Trent
County Agricultural Stabilization and Conservation Service
Senate
House Conference Committee