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use has been made of the loan program for these permissivesupport commodities in recent years because market prices are two to three times loan levels.
Continuation of loan support on these commodities when not needed would require unnecessary administrative expenditure, the Department pointed out. Wheat and feed grain loans will no longer have identical maturity dates but will mature 12 months from the first day of the month in which the loan is made. This procedure should assure producers more flexibility in marketing crops under loan.
A purchase program for honey for which price support is mandatory will continue to be available. Resale prices per bushel (not including carrying charges which vary) will be $2.36 for wheat, $1.59 for corn, $1.51 for grain sorghum ($2.70 per hundred weight) and $1.30 for barley. This established rate of resale will assure producers that government - owned grain which may be acquired will not be used to drive market prices down to target levels. Oats and rye, which do not have target prices, will be
97.9%