Show 1941 loans for farm marketing of wheat extended the U S departie Depart department me olla n 0 of agrical ture anjou announced need that I 1 loans son on wheat defined as excess wheat under the mark marketing margetin etin quota provisions will be extended to april 30 1943 this wll will affect wheat at stored on farms f arms or in approved warehouses the present maturity date on all 1941 wheat t loans is april 30 1942 such an extension will materially aid farmers who over planted their wheat acreage allotment thlu past season and thus have exec excess m wheat on hand said officials the marketing quota provisions permit penult the farmers to store their excess wheat thus postponing payment of the 49 cent per bushi bushel penalty at this time officials also explained chati that next year it will be possible to market this wheat without penalty j provided the acreage allotment for the farm is under planted or the producer suffers a crop loss officials pointed out that producers storing excess wheat on farms are entitled to ae per bushel bu shel on such wheat as a storage allowance at the maturity 0 of f the 1941 loan the date of which is april 30 1942 if the wheat is delivered tol to the commodity credit corporation as payment of the loan where farm storage loans are extended for another year the producer would be entitled allowance of ac per bushel making a allowance for storage up 1 to april 30 1943 provided the wheat is delivered to the corporation the storage tallow allowances ances apply only to ebest stored on the farm it was pointed out loan notes secured by excess wheat stored on the farm will be extended only upon evidence submitted to the county AAA commit that insurance certificates have been extended consent for storage during the extended period has been obtained and required tion fees have been paid L oa ns upon excess wheat are made at 60 percent of the rate offered to farmers who plant 1 within I thin their acreage allotments and are made only upon wheat in excess of a farmers marketing quota |