Show WHEAT LOAN application kip 0 etious WILL BE ACCEPTS ilow 0 iron countes Coun tys agricultural p committee con 10 accept applications is no now W ready rea for f or wh loans and J M palmer cha pat of the coun county ty soil milan C cons On 10 committee urges all observation farmers contact the committee to at information once for t r regarding the tion lion of a loan on oil their execl 1939 i crop wheat loans aholt through i commodity credit th e made Cor corporan Corpo ratin ion e are available to au all eligible eligey 0 producers who brov provide ide accent table ab storage tor for their grain isi in explain explaining what ing constitute an eligible utes p producer ducer mr tar p c said farmers are arc qualified led to f clave a loan if they re produce their wheat in 1939 as er landlord or tenant and did hotl 11 seed in excess s 0 of f the wheat not I 1 alth acre ao allotment age 1 established A for the their farm farmers growing wheat a what was designated 01 as a 11 nonal non 0 n al farm are not eligible ei eligible gible ii cr c dubers wheat may be stored in one of or two ways either on the farm fann 15 in an approved public warehouse or 11 farm storage to be b accept ab must be located away from oth other buildings to mi minimize nimie t the he airi fir hazard it must also be diroll IT enough to hold the grain without loss and provide ample protect protection in against insects and rodents as well as wind rain and anu snow ir 4 farmers who have no available storage on their farms may plan their wheat in an approved public warehouse he pointed out they the are then to present a certified re ceist to the county comm committee from the warehouse in which th stored their wheat this receipt T must show the quality 0 of f the grain stored mr palmer explained that loan rates will vary slightly in different localities but that the average is 50 cents per bushel wheat is acceptable cep table for loans if it grades 1 2 or 3 and under some conditions 4 and 5 wheat loans have materially bolstered the price of th this is commodity he asserted normally the wheat price is based on the world market the price in liverpool england on july 29 this year was 53 cents a bushel the lowest in many years it costea costs a bout 29 cents a bushel to ship 7 wheat from utah to liverpool deduct 29 from 53 cents and you have 24 cents but instead having to sell at 24 our price is maintained at an everige everad of I 1 53 cents and in addition wc vc get firt brn bon befit 2 aj 1 payments totaling 4 cents a bushel |