—Lancaster Fanning, Saturday, October 29,1977 20 President Carter believes the food stamp provisions within the 1977 Food and Agriculture Act “are a great step forward in providing a simple food stamp system and one that would be easy to administer, one that is more equitable, which eliminates the pervasive threat of fraud." Butler fhiunoled Buildings 4 SEE BEFORE YO •j'A.:, r IDEAL FOR k GRAIN OR L MACHINERY W STORAGE V P. E. Hess, Butler Mfg. Co. Box 337 Oxford PA 19363 Dealer Inquiries Invited in any of the following Counties j Cumberland, Adams York Lancaster, Jefferson, Indiana. I C& M SALES INC. KAFFERLIN SALES ORVILLE MACK LEROY E MYERS ||\ir n a IuriVTAN D E SMI C,anon Butler, Mercer Lawrence, Beaver | R.D.#l & SERVICE P.0.80x47 Route #l. Box 163 ‘ &SONCO Mifll.ntown, g ° Honesdale, Pa. 18431 R D. *2 Nazareth, Pa. 18064 Clear Spring. Md. 21722 Bndeeville Delaware 19933 Phone 717 I Phone 717-253-1612 Union City, Pa. 16483 Phone 215-759-1331 Phone 301-582-1552 I Phone 814-438-3180 Phone 30Z-337-BZH Name Address County Phone ~tr AGRI-BUILDER State. WASHINGTON - Although the new Farm Bill, signed last month by President Carter, is just a few weeks old, it’s already taking effect in agricultural circles. The President, in remarks made at the signing of the BUI in the Rose Garden, referred to it as the most far reaching and important piece of agricultural legislation that has been passed in 40 years. “I think it is also accurate to point out,” the President commented, ‘ ‘that more than has ever been the case in the past, preofessional nutritionists and their represen tatives, private citizens, consumer groups, have been involved in the preparation of this legislation.” In making his remarks, the President acknowledged agriculture as being the Nation’s number one economic resource, and added that the 1977 bill places a heavy emphasis on the strength of the American farm famUy. Two items on the program which are of importance to farmers in this region are grain target prices and loan rates. Consideration might also be given to provisions which apply to disaster programs, although details of that are still pending the resolution of a new aU-exclusive crop insurance program. Highlights of the proposal were printed in Lancaster Fanning two weeks ago, after Agriculture Secretary Bob Bergland revealed his thoughts on that subject to a gathering of farm editors, here. The Food and Agriculture Act of 1977 applies to crops being harvested right now, or those which have been in bins since an earlier harvesting time this Summer. The per bushel target price and minimum loan rate for corn are both $2.00 for 1977, according to provisions of the new bill. In 1978 the minimum loan rate will be $2.00 and the target price $2.10. Loan rates and target prices for barley and gram sorghum will be at levels determined to be “fair and reasonable in relation to the levels set for com,” says a USDA information sheet on the matter. The target price per bushel for wheat is $2.90 for this year increasing to $3.00 in 1978. But if production is reduced to 1.8 billion bushels next year, the target price will be $3.05. Minimum loan rates will be $2.25 in 1977 and $2.35 in subsequent years, the USDA reports. The provision for deficiency payments states that payments made for feed grains, rice and wheat will be made on the effective allotment. This year’s payments for ' *** * \ i CALL YOUR LOCAL AGRI-BUILDER FOR MORE DETAILS t PI I A.E. ENGEL, INC. KNOXVILLE ALMAUER W.R. MOODY, ROYER'S FARM GLENN M. 5 I PO 80x216 CONSTRUCTION P.0.80x78 CONTRACTOR SERVICE - R.D.#l.Cast | Marlton, NJ. Knoxville, Pa 16928 Cambra. Pa. 18611 113 Walnut Lane RD »l W V Cumberland | Phone 609-983-4404 Phone 814-326-4188 Phone 717-864-3135 West Newton. Pa. 15089 Winfield, Pa. 17889 Phone 301 I Phone 412-872-6804 Phone 717-837*3201 Portions of new farm bil By DIETER KRIEG feed grains and wheat will be based on the target prices announced under the old law for unplanted acreage and on the target prices of the new law for planted acreage with in the allotment, says USDA. After this year the payments will be based on planted acreage rather than the allotment for all crops. Sections of the 1977 Food and Agriculture Act which deal with commodity programs were reportedly the most controversial. A USDA spokesman says it “required constant negotiation and compromise to arrive at target and loan levels that were reasonably acceptable to Congress. In other sections of the new bill, USDA is maintaining a minimum milk support price of 80 per cent minimum with semi-annual adjustment. Neither now, nor under terms of the new bill, may the support price for milk rise above 90 per cent of parity. In other sections of the new bill, USDA is maintaining a minimum milk support price of 80 per cent parity until March 31,1979. After that date it’ll change to a 75 per cent minimum with semi-annual adjustment. Neither now, nor under terms of the new bill, may the support price for milk rise above 90 per cent of parity. Wool support prices will be at 85 per cent. Price sup ports will be adjusted annually. Right now they’re 99 cents per pound. Bookkeeper indemnity programs were extended for four years. The President, inspeaking about the Bill, spoke highly of the efforts which were made to tie target prices to production costs, adding more equity can thereby be insured. A farmer-owner reserve program for wheat is man dated, with terms and conditions essentially identical to the program announced last April. Farmers are en couraged to hold wheat off the market until prices rise to at least 140 per cent (minimum can be between 140 and 160 per cent of the $2.35 loan, or $3.29 to $3.76 per bushel. The Secretary can call the loan when the market price reises above 175 per cent of the loan, or $4.11 per bushel. There is a minimum of 300 million bushels (19.1 million tons), with the maximum adjustable pending the outcome of in ternational grain reserve talks, says USDA. "y< GRAIN RESERVES DOUBLE SLIDE D( ARMSTEDI OR lIBUII LOPEWALL ORJTRAIGHT\ FARMSTED BUILDII WITH ANY ONE DOUBLE SLIDE DOOR FREI PER EACH BUILDING PURCHASE The C> simih * Salt be mt fame minin Admii Con we ha don’t I feed i adequi tliat is will be carefu produc and, th Acre farmbi bedecli Thei extend* explain farmer bushels limitati althoug # As an s* of Agrit W as well i Presic Farmß he had p Explaii progranr the pres penditur agnculti overlook attribute of redeei the feder andsouni * (MUST BE 2 BAYS
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