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prevent loss of allotment. Acreage devoted to wheat or soybeans will be considered planted to feed grain to prevail loss of the feed grain base. This will enable a producer to plant all or any combination of his acreage to wheat, feed grain or soybeans without loss of planting history or program benefits.
As in this year’s program, there is no provision regarding excess wheat production in the 1972 program.
As was the case this year, producers will receive preliminary payments after July 1 equal to 75 percent of the estimated face value of the wheat certificate. Any remainder will be paid after December l, 1972.
The inclusion of barleyin the 1972 feed grain program is the result of USDA estimates that feed grain supplies will be adequate in 1972 due to the improved supply of blight-resistant corn seed. The setaside requirement for barley will be between 20 and 35 percent of the base. The exact set-aside percentage will be indicated when the 1972 feed grain program provisions are announced. Soybeans have been included as a substituted crop in 1972 in view of the supply outlook. This will also give the producer additional planting options. Wheat producers in 1972 will receive 100 percent of parity on the production of their full domestic allotment, the same as this year. Face value of the certificates will be the difference between 100 percent of parity on July 1, 1972 and the national average wheat price recieved by farmers from July through November 1972. Under the current program, the farmer may plant as much wheat or any other non-quota crop as he wished after he has met his
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