Lancaster farming. (Lancaster, Pa., etc.) 1955-current, October 11, 1980, Image 116

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    C2B—Lancaster Farming. Saturday, October 11,1980
USDA seeks comment on 1981 grain programs
LANCASTER Deputy Secretary of Agriculture Jim
Williams recently asked the public to comment by Oc
tober 27 on proposals for the 1981 feed grain and soybean
programs.
By November 15, a decision must be made on whether to
offer a set-aside program or to permit farmers to be
eligible for program benefits-indudmg the reserve
program-without setting aside acreage, Williams said.
In particular, Williams said, USDA is seeking com
ments on reserve release and call prices which are based
on production costsand adjusted either by increasing the
national average loan price or increasing the gap between
loan and reserve prices.
Under new authorities granted under the Agricultural
Adjustment Act of 1980, the current cost of production
estimates may be considered in determining 1981 target
prices. In the past, changes in target prices were based
upon a formula considering only pnor year’s costs,
Williams said.
Because of these new authorities, Williams said, USDA
is asking for comments on how 1981 target prices should
be adjusted from 1980 levels and whether producers
Emergency feed payments
total $21,2 million
WASHINGTON, D.C. through August 31.
Payments to U.S. livestock Fitzgerald said the $21.2
producers under the U.S. million in federal assistance
Department of Agriculture’s has helped livestock
emergency feed aid producers by 1.1 billion
program totaled $21.2 , pounds of feed (19.6 million
million during the first 11 bushels com equivalent),
months of fiscal year 1980. He also said: under the
Ray Fitzgerald, ad- emergency feed program,
mmistrator of the USDA’s financial aid to farmers may
Agricultural Stabilization be authorized when a natural
and Conservation Service, disaster has reduced the
said the department has amount of feed normally
approved $25,608, or 37 produced on the applicant’s
percent, of the 68,329 ap- farm, and the applicant
plications requesting must make larger-than
program aid from October 1 normal purchases of feed.
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January 31,1981
’ Finance charges begin to accrue February 1, 1981
Commercial users must pay monthly installments begin
mng the month following date of purchase
INC. [m>>'i****J phone (717)291-1046
The Buck -
Quarryville, PA
Phone (717) 284-4141 ADAMSTOWN EQUIPMENT
A B.C. GROFF INC. INC
u.iwi Mohnton RD2, PA 19540
New Holland A (near Adamstown)
Phone (717) 4191 Phone (215)484-4391
should be required to comply with established farm
normal crop acreages to be eligible for full program
benefits.
Williams said USDA also is asking whether barley and
oats should be included in the 1981 feed grain program,
and appropriate loan and purchase prices for corn,
sorghum, barley, oats and rye.
In addition, public comment is requested on whether
there should be a land diversion program and, if so, the
size of the diversion and level of payment. Comments are
also requested on limitations on planted acreage,
Williams said.
If a set-aside program is implemented, USDA has
discretionary authority to adjust the target price to
compensate producers for participating in such a
program, William said. Comments are requested on
whether this authorityshould be used and the magnitude
on any adjustment.
“Because of the relationship between soybeans and feed
grains, we are also seeking pubhc comntents on ap
propriate loan pnce and purchase price levels for 1981
crop soybeans. Other determinations affecting soybeans
include commodity eligibility, storage requirements and
premiums and discounts,” Williams said.
Related to these program decisions are determinations
on the amount of the national program acreage and
recommended reductions from 1980 harvested acreage for
full target price protection.
~ Williams said while USDA is required by law to an
nounce set-aside, national program acreage and
recommended reductions in plantings decisions by
November 15, the Department may announce program
decisions before that time.
Before reaching any decisions, all recommendations
ahd views will be considered along with the best data
available on world and U.S. crop conditions, production
and consumption prospects, he said.
Written comments will be received until October 27 by
the Director, Production Adjustment Division, ASCS,
USDA, Room 3630-S, P.O. Box 2415, Washington, D.C.,
20013. All comments will be available for public inspection
during regular business hours in the Director’s office.
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DEALER-INQUIRIES INVITED
1980 price support rates and target prices are as
follows:
National Loan Rates
(per bushel)
Crop 1980
Barley
Com -
Oats
Rye
Sorghum
Soybeans'
I
FOR EMERGENCIES
/ **■
FOR GAS
FOR SHOPPING
FOR DINNER
FOR CASH
ANYTIME...
With a Farmers First Bank Checking or
Statement Savings Account you can use
any Farmers First Round-the-Clock
Teller. Tellers are located in seven con
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Marietta and Ephrata.
All you heed is an Easy Banking Card.
It looks like a Credit'Card but doesn't
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for tomorrow's emergency today.
The People Bonk
FARMERS L:
I FIRSTtMKmr
Target Prices
(per bushel)
1980
High
2.29 $2.55
Low
$1.83
2.25 2.50 2.35
1.16 -0- -0-
1.91 -0- -0-
2.14 2.45 2.50
5.02 -0- -0-
Member F D I C