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Price-support loan levels under the 1969 program will be the same as in 1968 for corn, $1.05 per bushel; sorghum, $1.61 per hundredweight; oats, 63 cents per bushel; and rye, $1.02 per bushel. Barley will be 83 cents per bushel instead of 90 cents as in 1968 because it now is eligible for price-support payment. These price-support payments will be unchanged at 30 cents per bushel for corn and 53 cents, per hundredweight for sorghum. Barley payment will be 20 cents per bushel. All price-support payments will be based on planted acreage up to one-half the farm base times projected yield.
Key provisions of the 1969 feed grain program are:
1. Required acreage diversion to conserving use to qualify for piffce support loans and payments is continued at 20 percent of a farmer’s base acreage of corn, sorghum, and barley. No diversion payments will be made for this minimum diversion, except for small base farms--thi same as in 1966-68.
2. Additional acreage diversion will be possible up to a total of 50 perceet of the base or 25 acres, whichever is larger, the same as jn 1968 The acreage diversion" payment rate, will be at 45 percent of the total price support times the projected yield.
3. As in 1966-68 a farm with a base of 25 acres or less will get
87.7%