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Wheat Marketing
Certificate $1.52
Domestic marketing certificates for eligible 1969-crop wheat will be worth $1.52 per bushel, 14 cents per bushel more than for the 1968-crop certificate value. The certificates are based on wheat parity price as of July i, 1969.
Payments totaling $800 million will be made over the next three months to approximately 980,000 farmers participating in the 1969-wheat program. This will be about $70 million more than the 1968-crop certificate value. The payments will be made around harvest time in the various producing statFor instance, some farmers in the Texas-Oklahoma region who have completed program qualifications may start receiving their payments next week at county Agricultural Stabilization and Conservation Service (ASCS) Offices. Payments in Virginia will commence July 15.
The certificate value is based on the difference between July 1, 1969, wheat parity price of $2.77
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65.9%