| Show MARKETING QUOTAS ANNOUNCED AWA AWAIT A IT referendum secretary of agriculture claude B has proclaimed wheat marketing quotas tor for the 1942 crop year on the basis of estimated supplies for the marketing year according to information e dby vern hopkin chairman of the rich county AAA committee the proclamation was made at this early carly date lor for the benefit of farmers seeding wheat this fall chairman hopkin stated quotas are already in effect on the 1941 crop which has assured farmers a high loan value for their wheat A loan program in 1942 will depend on farmers approving chaet marketing quotas for next year in a refer vindum which will probably be held next spring estimated carryover of wheat on july il 1 1942 is a million bushels and 1942 crop on the basis of the 55 million acre allotment is estimated at million bushels the quota level which is the amount of wheat utilized for domestic consumption and exports plus a 35 per cent e reserve has been placed at million bushels on this basis the supply of wheat in 1942 will exceed the quota level by more than million bushels in view ot of this large supply of wheat marketing quotas are necessary to protect the loan program and equally distribute the available market among the wheat pro producers dubers of the country mr hopkin said as a result of marketing quotas acreage allotments and wheat loans loam rich county farmers are enjoying injo ying a better price for their wheat than han they have had for several years |
