Show ill 0 D farm fa rm WAR NEWS since there appears to be a mistaken idea in some quarters regarding the commodity credit corpora ilion con loan policy AAA committeemen have been asked to advise producers that prefers not to take title to commodities under loan J M palmer chairman ot of the county AAA committee report it is the policy of to encourage producers to redeem their loans on any commodity whenever they can realize a return equal to or in excess of the loan plus carrying charges or in the case of wheat when the return will equal or exceed the net amount from the parity price offered for wheat remaining under loan on may 1 1945 mr palmer said the parity price on wheat is the loan value plus 15 cents a bushel less all carrying charges to the end of the storage year while loans provide a means for producers to receive the full benefits of support programs mr palmer pointed out thatis that it is to the pr producers doduc advantage to redeem loan collateral between now and maturity and move the commodities into regular trade channels whenever practical such procedure maintains producers normal trade outlets continues orderly marketing and makes full use of avail ables cars in moving in crops before the next harvest 6 it is expected that cars will still be short during harvest this year and country storage will be at a premium commodity credit corporation has sent contracts implementing the sugar beet price support program for 1945 to all sugar beet processors in line with the war food administration program to provide sugar beet growers an average beturne of 1250 per ton for a crop of average quality this return includes receipts from processors pay payments ments under the sugar act of 1937 and payments by 6 copper wire supplies for farm ind and other civilian use are expected to be materially reduced during the next few months and farmers may even experience difficulty in purchasing coppet copper wire with de creases in the amount of tree free copper wire available have increased the demand by farmers for certificates while allocation for this purpose since the program began and less than was used in the last quarter of 1944 unless military requirements decrease the second quarter allocation will be no higher ft A broad look at the future of tri PI plea ea e A is taken by secretary of agriculture ri claude R in his annual report for 1944 in which he stressed the need for continuing g th the e soil conservation features of the A AA program and placed particular emphasis for the postwar post war period upon the re establishment of crop rotations re seeding murch much land to grasses and legumes and expansion of ot terracing and contour farming and other water conservation n and erosion control practices in many areas the improved feed situation is indicated by larger grain stocks in all storage positions both on and ott oil farms than a year ago stocks of wheat on january 1 were up 2 per cent corn 9 per cent and oats 6 per cent while barley was down 2 per cent farm stocks of most grains dominate the situation at this time of year mid january prices received by farmers averaged more than twice their pre world war 1 level for the first time since august 1920 the U S D A reports they were per cent of the august e 1909 july 1914 average which was up one point on a month and five points from a year ago parity prices were at the highest level since 1920 and farm products prices averaged per cent of parity on january 15 the same as a year ago the demand for most agricultural commodities continued to hold tarm farm product prices at record levels for world war 11 II latest analysis of demand and an d price is that demand for farm products is likely to continue at present levels throughout must most of 1945 regardless of the course of the war the demand for many farm pro ducts at ceiling prices may continue to exceed supplies in 1945 there was a thinly veiled warning to keep those old farm trucks rolling in the odas announcement that regardless of if the outcome of the european EuTo war military demands for domestic I 1 1 transportation will 1 in n 1 all likelihood be greater this y year car than in 1944 I 1 |