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ion acres (same as for 1964) announced June 19,1964. State acreage allotments made at same time, and these in turn being allocated to individual farms. Announcement of wheat feed grain acreage substitution for 1965 crop was made on May 25, 1964.
Use of Certificates
Certificates will be earned by eligible producers on 80 percent of allocated acres times normal yield for farm, but not in excess of normal production on acreage of wheat planted for harvest. If acreage planted for harvest Is less than 80 percent of farm allotment, reduction in certificates will be made first from lower valued (export) certificates. CCC will assist producers in marketing certificates by purchasing them through county ASC committees. Producers who sign up and otherwise apply 1965 program provisions relating to wheat will be eligible for price support loans on entire production except on any quantity stored under bond. Option of storing under bond as follows: Participants who so elect in advance may overseed wheat up to 50 percent in excess of allotments and then store the excess production under bond. The excess production to be stored under bond would be twice normal production of acreage exceeding allotment, or actual production if less than normal. Producers using this option would be eligible for price support loans and certificates on wheat from allotted acres. This provision if of special interest in high crop-risk areas as it will provide reserves in case of drought. A producer may use bonded-storage option on any farm in which he has interest in wheat crop. However, if producer decides to overseed his allotment, he will not be eligible tosubstitute wheat andfeed grain acreage within program.
Substitution of Wheat-Feed
Grain Acreages
Producer who has both a farm wheat allotment and a feed grain base and who signs up for both programs, will be eligible to use substitution provision. He can either grow wheat on feed grain permitted acres, or grow feed grains on all or part of wheat permitted acres. Such a producer takes part in 1965 program relating to wheat and feed grains exactly as he would without substitution provision except that acreage of either wheat or feed grains could be greater. However, a producer who plants feed grains on wheat allotment acreage may put this feed grain production under loan, but he will not be eligible for feed grain program price support payments on this acreage, nor will he receive additional certificates for wheat grown in lieu of feed grains. A producer not eligible for benefits of both programs may still obtain benefits of program for which he is eligible.
Further, a producer may re
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