—Lancaster Farming, Saturday, February 25,1978
16
Change noted in grain reserve program
By JOANNE SPAHR
HARISBURG - Beginning
March 1, farmers will no
longer have to wait for their
1977-crop barley, oats, or
wheat loans to mature or for
their purchase agreements
to expire to participate in the
federal grain reserve
program.
Secretary of Agriculture
Bob Bergland has an
nounced that beginning on
that date, those crops may
be placed directly into grain
reserve. Previously, far
mers who wished to enter
grain in the program needed
to wait until a government
loan on the crop matured.
The final date to obtain a
loan and become eligible to
enter the reserve on 1977-
crop barley, oats, and wheat
RURAL ROUTE
/ fIIBWCTWIA
The Most Carefully Engineered
Tractor In The World
WEDNESDAY, MARCH 1,1978
DEUTZ TRACTOR OWNERS
SERVICE SCHOOL
2 SESSIONS: 1-4 PM & 7-9 PM
A DEUTZ FILM WILL BE
SHOWN AFTER SERVICE SCHOOL
HESSTON
CORPORATION
Farm Equpment Dm«or
10 THRU 425 H.P.
- OUR PRODUCTS ARE
IS® backed by parts.
SERVICE AND CUSTOMER
SERVICE.
is March 31, 1978. Farmers
with 1976-crop barley, oats,
and wheat not yet under a
loan may request price
support by February 28,
1978, obtain a loan and im
mediately enter the reserve.
For 1976 corn and
sorghum, the gram may be
placed in the reserve
program through April 30,
1978. 1977-corn
sorghum producers may
request price support
through May 31,1978 and be
eligible to enter the gram
reserve program.
Secretary Bergland has
also announced a change in
the farm storage facility
loan set up for reserve
program participants which
-will increase the amount of
storage for which they may
qualify.
lapec
FORAGE SYSTEMS
Under the change, a
farmer will be able to obtain
a loan for a storage structure
to store two years’ crop
production. However, in
determining eligibility,
existing capacity used to
store grain in the reserve
Program will be excluded.
Previously, in determining
eligibility, all existing
facilities were included.
On February 8 the storage
payments for grains held in
the farmer-owned reserve
program mcreased from 20
to 25 cents per bushel per
year for major grains, and
from 15 to 19 cents for oats.
According to information
from Secretary Bergland,
farmers now storing grain m
the reserve will be offered
new contracts to reflect the
25 cent rate.
STAUFFER DIESEL INVITES YOU TO THEIR
OPEN HOUSE
WED. & THURS. MARCH 1 & 2
THURSDAY, MARCH 2, 1978
COMMERCIAL FILMS WILL BE
SHOWN FROM 2 to 5 PM
ON THE PREMISES
6:30 PM* AT THE
FIRE HALL ONLY
BOBCA
FULL LINE OF DIESEL
TRACTORS FROM 32 to 130 HP
312 W. MAIN ST., NEW HOLLAND, PA.
At the present time, price
support loan activity in
Pennsylvania indicates that
farmers have placed
5,498,063 bushels of corn;
166,674 bushels of wheat;
32,879 bushels of barley;
157,694 bushels of oats;
61,974 bushels of soybeans,
and 9928 hundredweight of
sorghum m the annual loan
program. Four thousand six
hundred-forty -two bushels
of wheat and 39,629 bushels
of corn have been placed in
the grain reserve program
through February 17.
Nationally, producers
have placed 513 million
bushels of wheat, 927 million
bushels of corn, 191 million
bushels of sorghum, and 210
million bushels of other
grains produced in 1977
By Tom Armstrong
REFRESHMENTS
EQUIPMENT WILL
BE ON DISPLAY!
COME AND VISIT WITH US
& THE FACTORY REPRESENTATIVES
SEVERAL NEW & USED DIESEL ENGINES
STAUFFER DIESEL,
;«r, iHsncToßj
d ee mme
under price support loan
through February 8,1978. '
Price supports are a
marketing tool for farmers
to use in helping to obtain
fair market prices, promote
orderly marketing, and
Afli ADDED ATTRACTION
comic r~M~i
NIGHT / Fire Hall
FEATURING LAUREL A
HARDY FILMS!
THURS., MARCH 2, 1978
6:30 -10:00 P.M.
Due To Limited Parking Space & Seating
Capacity At Our Business Address We Have
Made Reservations At
LIBERTY FIRE HALL
E. Main St., New Holland. PA
ONE NIGHT ONLY! - Plenty Of Room For Everyone
REFRESHMENTS & ADMISSION FREE
DEIITZ
If you aren’t already familiar with
Deutz tractors, let us show you why
so many new tractor buyers choose
Deutz for its durability, reliability &
economy.
PH: 717-354-4181
provide price floors for
commodities. Full details of
the price support programs
are available at County
offices of the Agricultural
Stabilization and Con
servation Service.
INC.