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Sidney Telegraph in Sidney, Nebraska

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Newspaper

Sidney Telegraph

Location

Sidney, Nebraska, United States of America

Date

May 02, 1960

Page

8

New Acreage Placed In Soil Bank For 1960 Surpasses Goal

The U S Department of Agriculture reports 6 317 946 acres will enter the Conservation Reserve in 1960 exceeding the year's goal by more than 1 million acres. Leading states Kansas North Dakota Oklahoma South Dakota and Texas drive the increase with whole farm contracts common. The Reserve now totals 28 432 186 acres under contract with about 3 million acres placed for 1960 wheat production and overall cost and loan programs described.

Soil Bank U. S. Department of Agriculture Department Kansas North Dakota Oklahoma South Dakota Texas U S. Department of Agriculture Tural Stabilization and Conservation Office ASC Lynn A. Wallen Nebraska

Farm feed outlook cuts oats barley acreage and loan rules

The U S department report says oats acreage may hit a 50 year low with a 5 percent drop and barley down 4 percent while corn and grain sorghum stay near 1959 levels. New rules remove equity payments on price support loans though farmers can still redeem early to gain high market prices. Maturity dates approach for barley oats rye and soybeans with unchanged 3.42 percent loan interest if redeemed. no interest if repaid by delivering to the government. Pakistan remains the largest Muslim nation split into East and West Pakistan totaling about 365 000 square miles.

Department of Agrculture Department of Agriculture USDA Department Soil Bank U. S&s. Department of Agriculture Pakistan East Pakistan West Pakistan

Also Mentioned on This Page

ASC News Ag Dept CCC Commodity Credit Corporation Cammodity Credit Corporation ICA Army Michigan Soil Bank Conservation Nebraska State Agricul Benson the Sidnny Telegraph Sidney A. E. Marsh Jackson Tire Service Illinois Chawen Allie-Chatmere Allis-Chalmers AC Baldwin and Oliver Dealer Demark Dean Doan Lodgepole Potter Farmers Union Coop
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