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which assist producers in marketing their crops in an orderly manner.
“ALSO adding income protection,” Taylor said, “is the new target prices feature of the bill. The guaranteed price provision offers income assurance to farmers by triggering deficiency payments when market prices fall below the target levels.
The guaranteed prices for 1974 and 1975 are $2.05/ bushel for wheat, $1.38/ bushel for corn and 38 cents/pound for cotton.”
93.7%