Iron County Record | 1954-03-25 | Page 14 | Excess Wheat Crops Subject to Marketing Quota Fine

I Excess Wheat Crops Subject to Marketing Quota Fine There are marketing quotas on the 1954 crop of wheat which will effect all farmers producing wheat or grain mixtures containing contain-ing wheat, Leonard Topham, chairman of the Iron County ABC Committee explained today. Excess Ex-cess wheat is subject to a penalty penal-ty under marketing quotas. The penalty applies even though the wheat is fed on the farm, Mr. Topham said. There will be no excess wheat on a farm if the wheat acreage is within the farm allotment, or if the wheat acreage Is not over 15 acres. Wheat acreage includes all grain mixtures containing wheat. On all farms on which the wheat acreage is over 15 acres and the allotment is exceeded, the excess wheat is subject to a penalty of 45 per cent of the wheat partity price as of May 1, 1954. The wheat parity price on Feb. 15, 1954 was $2.43 per bushel. bu-shel. The government has a lien on the entire wheat crop for the amount of the penalty. Payment of the penalty may be avoided or postponed by properly storing the evcess wheat. Farmers with a wheat acreage allotment of 15 acres or less may produce up to 15 acres of wheat without incur- 1 ring marketing quota penalties. If the wheat acreage on a farm exceeds the allotment, none of the wheat produced on the farm will be eligible for price support. Wheat producers who have planted In excess of their farm allotment or the 15 acres may comply with the marketing quoto program provisions and avoid penalty by using the excess acreage ac-reage for green manure, cover crop, pasture or hay prior to June 15, 1954, Mr. Topham said.