—Lancaster Farming. Saturday. May 14.
18
Ag committee reports on farm bill
WASHINGTON, D.C. - The
following information is
provided to summarize the
steps taken by the Senate
Committee on Agriculture,;
Nutrion, and Forestry on the
omnibus farm legislation, as
ordered reported by the
Committee on May 4,1977 by
an 18-0 vote.
MAJOR FEATURES
Continuation of major
commodity programs for
wheat, feed grains, rice,
soybeans, and cotton, with
revisions, for five years.
Adoption of a new five
year peanut program with a
two-tier price system and
poundage quotas.
Elimination of present
crop allotments to be
replaced with a current
acreage planted system.
Establishment of extended
loan or reserve program for
wheat and authority for the
Administration to begin
negotiations toward an in
ternational food reserve.
Limitation of $50,000 on
payments under wheat, rice,
feed grain, and cotton
programs.
Extension of the P.L. 480
program for five years with
increased emphasis 6n
agricultural development.
Extablishment of coor
dinating mechanism and
increased agricultural
research commitment, in
cluding animal resarch and
nutrition.
Extension of milk
marketing order provisions
for five years with support
levels set at 80 percent of
parity through March 31,
1978.
Five-year extension of the
National Wool Act with in
creased support levels.
Two-year extension of the
food stamp program, while
eliminating the purchase
requirement.
WHEAT
For 1979-1982, the wheat
target price will be based on
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197
cost of production but not
less than $3.10 per bushel.
The loan level will be set at
85 percent of the cost of
production. There will be no
prior deduction for storage
charges on wheat loans
beginning in 1977.
The Committee en
couraged the Administration
to continue negotiations
toward an international
wheat agreement involving
major wheat exporting and
importing countries with the
goal of setting U.S. cost of
production as a minimum
price.
Regarding the budget
implications of the Com
mittee’s raising 1977 wheat
targetprices, the Committee
established October 1, 1977
as the first date on which any
increased payments could be
made.
CORN
For 1979-1982, target prices
for corn will be based on the
cost of production with the
loan rate set at 85 percent of
the target price. Supports for
other feed grains will be
established by the Secretary
in relation to com.
SOYBEANS
'The Committee agreed
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SYNTHETIC
LUBRICANTS
can increase
the bottom line,
PROFITS!
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how.
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(717)872-7324
♦
that a mandatory loan level
be established at not less
that $4.00 per bushel with the
Secretary having t£e
authority to make upward
adjustments.
COMMODITIES-GENERAL
The Committee adopted a
new system based on current
year plantings which would
replace the present crop
allotments. The new plan
would make any payments,
now based on' the crop
allotments, on the estimated'
Don't Get Caught With Your Hay Down I
Also Loss of Silo Capacity !
SAVE THE HIGH NUTRIENT CONTENT OF
YOUR LUSH GREEN HAY AND CORN CROPS
REDUCE HARVEST AND STORAGE LOSSES ...
e New Agri-King Weather Proof Method
And Chop That Same
Afternoon on a Good
Drying Day.
BY SIMPLY APPLYING SILO-KING YOU HELP PREVENT....OVER-HEATING....
VITAMIN LOSS....ENERGY LOSS SEEPAGE....DIGESTIBLE PROTEIN LOSS
YOUR COWS WILL EAT MORE SWEET, PALATABLE AND NUTRITIOUS SILAGE!
SftllttW?stgrn Penna Southern Lancaster Co Lebanon Co.
George F Delong Henry DeLong, )r. Marvin Meyer
Regional Manager RD2 Box 69 RD2. Box 157
225 West Woods Drive Peach Bottom PA 17553 Annville. PA 17003
Lititz PA 17543 Phone 717 54S 3471 Phone 717-867-1445
Call Codec 1 717 626 0261
is»»rn Lamasier
Ben Greenawatt Hotcr HtHrr
Melvin Herr RO2 Concsloja PA 17516 RDI Robesonta PA
RD2 New Holland PA 17557 Phone 717 872 5686 Phone 215 693 6160
Ph 717 354 5977 r
■rl u W{' ! >'n iaiicaster Co
tan 0 Gmder
RDP Manheim PA 17545
Phone 717 665 3126
domestiq and export needs, Committee also added silo
less imports. The Committee' i oa ns to this authority,
agreed that in no event could The Secretary was
the acreage on which authorized to - establish a
producers eligible for loan guarantee program of
payments be reduced below U p to 80 percept of the total
90 percent of the producer’s cost for the construction of
planted acreage. storage facilities for the
The Committee agreed to same commodities as under
add rice and soybeans to the the CCC loans above.
present mandatory CCC xhe disaster payment'
storage facility loan program was extended for
program with the interest two years with some
rate to be the cost of money - modifications. Producers
to the government. The would be required to plant to
yt
TOO WET
RESULTS ?
Energy Loss - Vitamin Loss - Digestible Protein Loss
(for more information )
Call or Write Your Nearest Agri-King Serviceman
Southwestern Lancaster Co
Southeastern Penna
Aldus R. Kmf
ROl Box 67A
Atten PA 19310
Phone 215 593 5952
AGRI-KING
KEY TO PROFIT
TOO DRY - LEAF LOSS
SILO-KING Allows You To Mow
lN THE - HoRN,Ne '
Northeast Berts Co
Chester Co
WHam Wndle
RDI. Aleten. PA 19310
Phone- 215-593 6143
receive deficiency
payments..
Set-aside authority was
continued and the Secretary
also was given the authority
to establish additional set
aside through a bid system.
Hie Committee agreed to
prevent certain types of
corporations and other
entities from receiving
direct payments.
The Secretary of
1 Continued on Page 29]
»■ V*
*■ "sT’
lamoton Co
Thomas Heist
Mam Street
Alburhs. PA 18101
Phone 215965 5124
South Central Penna
James L. Voder
fictional Manaeer
250 Edwards Ave
Chambersburg. PA 17201
Call Collect 717-264 9321
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