Show morgan county wheat loan rate Is A basic loan rate for foi ai il 1 I io crop wheat pi produced deduced educed in morgan county count of iso 1 so por poi bushel was announced this week by the production and administration county calill committee attee last years gears rate wits was 17 1 per pel bushel I 1 tile he basic rate late applies to wheat grading U S no 1 mark thack elay committee ellah chair ma in in points out wheat produced on oil barnis fauns cooperating in the iro wheat acreage allotment pr grading no 1 or better or no I 1 or 01 no 5 be cause aubia of test weight or 01 because it contains wheat of the classes dur dui uni um andor red iid duroni will be ell cli cibil for foi commodity credit corporation po ration loan or 01 purchase pui chibe agreement e tile the chairman chai iman says that a schedule lr of premiums and discounts for foi tile the various qualities ut of I 1 il il 0 crop wheat vill 11 be issued tit at an carly date and will vill lie available for foi inspection lit at the county off office 0 in ill Mor gall to be eligible for foi the loan wheat must be placed in ili approved appi ovid stor age either on tile the faun farin or 01 in ill a commercial warehouse wai ehouse or elevator elv according to the chairman lie he points out further thit that th it storage allowances low ances will be continued for foi 11 it 50 id crop wheat on oil the pame minie general hasis basis as last year mr ml thackeray Iliac keuy explains eK lains that tile the county rate late I 1 is based on oil a national ni lional average rute rate of ald 1 epif a bushel to farmers is as announced b by PAIA on oil june 10 i the equivalent national average rate late for foi U S no I 1 wheat is ij M per pei bushel the rhe agricultural act of mia re 10 aunes es that tile the puce price of ID io crop wheat be supported to far at pa tier pel cent of the parity price on july 1 W 1 io the beginning of ill alic marketing maike tinK season mi air thackeray Tha keray reports that the july I 1 wheat par pai ity puce price was jl a bushel for foi the same date last year the wheat parity puce price was 2 17 per pel bushel loans and pui purchase chase agreements agi cements will be available from through tile the county PAIA office off lie in 11 mccoid e c 0 d anc with the provisions provi pio visions s i ons from f loin time of liar harvest vest through january itil 1951 they will mature matuie on april io 0 lull 1951 or 01 earlier ear liei on demand ae |