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The clipping this text was read from
The clipping this text was read from

The feed grain program for 1968 has been announced. Key provisions of the 1968 feed grain program are:

1. Required acreage diversion to conserving use to qualify price support loans and payments is continued at 20 percent of a farmer’s base acreage of corn and sorghum. No diversion payment will be made for this minimum diversion, except for small farm acreages — the sameas in 1966 and 1967. 2. Additional acreage diversion will be possible up to a total of 50 percent of the base or 25 acres, whichever is larger, the same as in 1966. The acreage diversion payment rate will be at 45 percent of the total price support times the projected yield. Average projected yields for 1968 in most major producing areas generally are higher

90.3%