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But the thinking is that he can’t let com prices get too low early in the crop year without pulling more corn into government storage.
In Virginia, corn acreage and estimated production are both down about 14 per cent from last year.
Corn in Richmond last week was quoted at $1.22, with the Northern Neck at $1.20 and the Valley at $1.35 to $1.40.
WHEAT
If you can net at least the cash price for your wheat, k is probably a good bet to put it in commercial storage under government loan.
Virginia’s support rate runs from $1.95 in Southwest Virginia to $1.98 in the East. Storage char<Continued on page twelve
68.4%