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’67 Wheat Certificate
Payments Scheduled
Wheat farmers participating! in the 1967 wheat program will j
begin getting program pay-j ments soon, H. S. Barksdale, Chairman, Agricultural Sta-! bilization and Conservation; County Committee, said today. The payments in Rappahannock County will be made to about 20 farmers and will total around $6,680. By law, program participants are guaranteed 100 per cent of parity for their share of the wheat used for domes:ic food. The certificates for 1967-crop wheat will be valued at $1.36 per bushel, compared with $1.32 a bushel for the 1966 wheat crop. This represents the d if f er enc e between parity as of July 1 ($2.61 per bushel) and the 1967-crop national average loan rate of $1.25 per bushel. The certificate payments to farmers are based on the projected production on 35 per cent of the 1967 wheat acreage allotments. The certificate payments add substantially to the income farmers receive from marketing their 1967 wheat
87.3%