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Show Wheat Program Explained by Lee "Wheat planted in excess of 1943 acreage allotments or permitted -acreages may qualify for protection protec-tion under the federal wheat crop insurance program, Orville L. Lee, Utah state AAA chairman, an-: an-: nounced today. This means that farmers who 'have overplanted their acreage allotments and have already signed sign-ed up for crop insurance in 1943 'Will not need to make additional arrangements for insurance since th increased acreage is automat- ically taken care of through the rop insurance agreement, Mr. Lee pointed out. However, he warned war-ned spring wheat growers who have not yet insured their 1943 crop that the deadline for appii-v appii-v cations is March 15. -In further explaining the new-provision new-provision allowing additional wheat acres to be covered by crop insurance, in-surance, Mr. Lee explained that .such acres are subject to the same insurance requirements as all other wheat regularly planted on the farm. These requirements state that the insured wheat must be seeded and cared for in accordance accord-ance with good farming methods and usual practices followed on the farm. Mr. Lee also called attention to the pro1sion in the crop insuiance program which this year extends the insured period to three years instead of one. This gives added safeguard to the farmer and stabilizes stab-ilizes the program itself, he declared. de-clared. He also pointed out that farmers who wish to insure their wheat may have payment of premiums deferred for settlement at a later date, or they may have the amount taken from any AAA payment' which they may earn. Premiums are based on the record of crop losses of the individual farm, adjusted ad-justed to losses on similar farms, unusual weather, or other crop Joss conditions. Premium are the cash equivalent of wheat, and indemnities when due will be paid in the cash equivalent equi-valent of wheat stored for the . sole purpose of paying for crop losses. Mr. Lee stated. |