Corn loan reminders on farm stored and reseal option
Howard Lins, chair of the County ASC Committee, reminded area producers that 1967 and 1968 corn under price support loans mature July 31. They must redeem or CCC will take the corn. Farm stored 1968 corn may be resealed for another year, or delivered to CCC. Postcards CCC-693 will indicate chosen option. About 85 percent of the 757 million bushels under price support are farm stored.
MENTIONED IN THIS ARTICLE
Howard Lins
County Agricultural Stabilization and Conservation
ASC
Commodity Credit Corporation
Mr. Lins
Lins
ASCS
U. S
CCC Grain Sales Show Limited Offerings in 196?
CCC grain is not for general sale except non storable or odd lots. Since January 1 CCC sold 9.7 million bushels of corn, with 9.4 million non storable due to deterioration risk. The remaining 300 thousand bushels were odd lots or storable. Uncommitted CCC feed grain inventory stands at 260 million bushels. The legal minimum price for corn offered for sale remains at 115 percent of loan rates plus charges or the market price, whichever is higher.
MENTIONED IN THIS ARTICLE
Commodity Credit Corporation
Howard Lins
County Agricultural Stabilization and Conservation
ASC
CCC
Fingertip Shopping at Its Very Best
Classifieds in the Journal showcase quick buy options with emphasis on ease of access and immediacy. Readers are urged to act fast to take advantage of featured items and timely offers.
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