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crop while permitting support of market prices through loans at levels more competitive in world trade channels. Nationally, the certificate pay ments under the 1967 program will be made toapproxi-r, mately 822,000 participating farmers and they will total in excess of $700 million. When related to the total production on the 57.4 million acres of allotment on participating farms (84 per cent of the 1967 national allotment), the $700 million in certificate payments reflects an income of at least 47 cents on each'^bushel produced by participants. The total average return per bushel will depend on prices farmers receive in the market from their 1967 crop. The Chairman explained that an individual farmer participating in the wheat program can determine his total return per bushel for wheat by dividing his certificate payment by his total production to get an average per-bushel payment. By adding this to the price^he receives in the market, he can find his return per bushel. Millers and others purchase wheat marketing certificates at 75 cents per bushel to cover
84.5%