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the amount of excess. Previously, \he penalty was based on the normal yield with provisions for a reduction if the actual yield was less.
The wheat marketing excess in bushels is determined by multiplying the overage in acreage times the yield figure. This bushel figure times the penalty .rate announced today determines the farm’s quota penalty in dollars. This may be paid in cash or the payment may be avoided by storing the excess wheat under bond or by delivering it to the Secretary of Agriculture in accordance with special instruction. When the penalty is satisfied, the remaining wheat may be marketed penalty free. However, if the penalty is not satisfied, any wheat marketed has an automatic lien against it.
As in the past, any producer signing an agreement last fall permitting him to grow up to 30 acres of wheat in 1962 for feed use on die farm will not be subject to quota penalty.
Farmers who signed to participate in and comply with the 1962 Wheat Stabilization program will be eligible for price support on their 1962 production. SujUport will be national average rate of $2.00 pier bushel.
Wheat farmers can obtain specific information from county ASCS offices as to how these new marketing quota provisions may apply to their farms.
County Court
judge B M. Miller presiding i
Commonwealth v )
Robert Emory Leake reckless | driving; found not guilty. ,
T. M. White arresting officer. I
James Russell Sisk reckless driv-j ing; $20 and costs.
W. A. Buntin arresting officer.
Don’t make the mistake of being afraid you’ll make one.
• * * • A good look at the family budget reduces the vacation fever.
• * * * Theories are worthless until they are harnessed to industry.
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