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County Rate For
Wheat Announced
The average county rates per acre for wheat acreage .diverted to conservation uses under the 1962 wheat program are $23.80 and $31.80, according to M. C. Gore, County Office Manager, County Agricultural Stabilization and Conservation Committee.
Individual farm rates are based on these county rates, depending On the farm’s productivity in relation to the county average, the chairman said. He also pointed out that each wheat producer in the county with a 1962 wheat allotment, and also each producer with out allotments who have grown wheat in at least one of the years 1959, 1960 or 1961, has received information on the wheat program, including two rates for his farm.
For the minimum payment, the rate is 45 per cent of the adjusted basic county support rate, multiplied first by the number of diverted acres, and then by the individual farm yield or productivity index.
The maximum payment rate, is computed in the same way using 60 per cent of the adjusted basic county support rate.
Producers must use an acreage at least equal to 11.1 per cent of their 1962 farm wheat allotment for conservation in order to be eligible for price support'under the 1962 program and be in compliance with their 1962 allotment.
In addition, farmers may voluntarily divert an additional onethird of their 1962 allotment. The payment earned for this additional diversion is made at the maximum farm payment rate.
The diverted acreage must represent an additional amount over the normal conservation acreage and any acreage diverted to conservation uses for which payment is made under any other Federal Program, such as the feed grain program. However, cost-sharing under the Agricultural Conservation Program (ACP) may be used to carry out conservation practices on diverted acres.
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