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Wheat Referendum
Carries Seventh
Consecutive Year
Incomplete but! conclusive results of a referendum held July 23 in the commercial wheat states show that farmers! for the seventh consecutive year approved a marketing quota program, this time for the 1960 wheat crop.
The preliminary national results indicate 160,718 votes for quotas aind ‘38,322 votes against quotas. This is approved by 80.7 per cent—well over thte necessary two-thirds majority required.
Reports from “the 44 principal wheat-producing counties in Virginia indicate 884 'Otes f°r and 184 against quotas for a majorityof 82.8 per cent About 35 per cent of Virginia’s isome 4,000 eligible voters participated in the referendum.
With the approval of marketing quotas for the 1960 wheat crop a farmer who complees with his farm wheat allotment will be eligible for price support loans on a national average of at least ^I-77 oer bushel I representing 75 per cent of parity-. The support price of wheat in Virginia is usual!v somewhat higher than the national level, ranging from $1.98 to $2.01 per bushel on the 1959 crop.
All farmers received 1960 wheat allotment notices; prior to voting in the referendum.
61.8%