Show I Barley Loan Plan To Extended To ToA ToA A A A Cooperators Barley boans will eb offered to farmers who have been cooperating in the thc AAA farm program chair chair- chairman chairman chairman man of tile the county AAA commit commit- committee tee announced d today He said that any operator or own owner owner er cr cooperating in iii the tile 1941 AAA program is eligible to receive a loan on barley produced this year The barley must grade No 5 S or better however Barley Barlev stored as collateral for forthe forthe the thc loan loa may may be stored on the farm farmin in granaries in- in in which meet the thc require requirements requirements ments for farm storage or in pub pub- public public lic lie warehouses which are approved by the thc county count AAA committee Loans may be through approved lending agencies or directly with tile the Commodity Credit Corporation These Th e loans loas will be available on the thc 1941 crop until December 31 31 1941 All notes will mature on de de- demand demand de- de demand mand or r April 30 1942 and the in interest in- in interest interest terest rate is i 3 per cent Insurance will be required on all stored farm grain under loan The loan values of eligible barley of oC all classes except mixed shall be based on the thc following grades No 1 45 1 45 cents per bushel No 2 44 2 44 cents per pei bushel No 3 42 3 42 cents per bushel No 4 4 39 39 cents per bushel No 25 5 25 cents per ner bushel These rates apply to stored farm barley and to barley stored in ware warehouses warehouses warehouses houses provided the warehouse rc-l rc re- re receipt representing the thc ware-house- ware stored barley shows that handling charges and storage have been I paid for the thc duration of the thc loan |