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ASCS offers
CCC payments
Original holders of Commodity Credit Corporation generic commodity certificates who have not exchanged them to another person may request cash for a percentage of the value of the certificates, Acting Undersecretary of Agriculture Richapd W. Goldberg announced.
Original holders must return their certificates with a written payment request to the Agricultural Stabilization and Convervation Service county office where they were issued.
Original holdesB of certificates with expiration dates of Dec. 31, 1986 through April 30 have until Oct. 31 to request an exchange for 86 percent of the face value. Original holders of certificates with expiration dates May 1, 1987 or later have from the expiration date plus six months after the expiration date to request an exchange for 50 percent of the certificate’s face value.
As required by the Balanced Budget and Emergency Control Act of 1985, 4.3 percent will be deducted from the payments made for certificates issued under the 1986 price support and production adjustment programs.
For information about the CCC Certificate Payment Program, Contact The Rappahannock ASCS office (675-3616).
86.2%