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A 20 percent set-aside program for the 1979 wheat crop, identical to this year’s highly successful program, has just been announced.
By complying with the announced set-aside, wheat farmers will be eligible for a wheat loan of S2.3S a bushel, and a target price of $3.40 per bushel, also the same as the 1978 program.
The 20 percent set-aside means that for every 100 acres of wheat planted for harvest as grain, 20 acres must be set-aside.
The 1979 program will permit wheat farmers to graze their planted wheat for six months of the year, however, a graze-out and haying program has not been included in the program.
The national program acreage of 57.1 acres is the number of acres of wheat needed to be planted in order to produce enough for expected domestic and export needs and carryover. V
93.5%