Terms Based For Growers Wheat price support plan details
Wheat producers may qualify for price support under the 1964 voluntary wheat certificate plan by meeting acreage allotment and minimum diversion requirements. ASC Chairman Louis Nienhueser says participants can receive domestic and export certificates valued at 70 and 25 cents per bushel respectively, covering up to 45 percent of farm allotment production. Diversion payments depend on acres diverted and county loan rates, with May 15 signup deadline and guidance from the ASC county office.
MENTIONED IN THIS ARTICLE
ASC
Louis Nienhaeser
U. S
Nienhueser
May in Western Nebraska Promises Normal Weather
The U S Weather Bureau forecasts near normal conditions for western Nebraska for the coming month, matching the 30 day forecast. The map indicates typical May weather, with expectations of average temperatures and precipitation.
MENTIONED IN THIS ARTICLE
Nebraska
U.S
Wheat Program Not Voluntary Insisted By Martin
Martin insists the wheat program is not voluntary after the 1964 law and new USDA directives. Farmers must plant within basic allotments or face penalties or future reductions. An April 23 directive sets price support at about 1.30 per bushel with eligibility linked to farm allotments and producer interests. No referendum this spring. the program mirrors the defeated plan but with roughly 28 cents lower support, reducing annual wheat income by about 250 million dollars.
MENTIONED IN THIS ARTICLE
Department of Agriculture
Department
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