Thank you for visiting SNEWPapers!
Sign up freeThe Coolidge Examiner
Coolidge, Pinal County, Arizona
What is this article about?
Secretary of Agriculture Henry A. Wallace outlined the 1939 wheat program under the Agricultural Adjustment Act at a meeting in Hutchinson, Kansas, highlighting five steps: soil conservation and allotments, wheat loans, marketing quotas, crop insurance, and surplus removal with market expansion.
OCR Quality
Full Text
Five major steps are provided by the Agricultural Adjustment Act of 1938 aimed at bringing the wheat farmers of the United States a fair return, said Secretary of Agriculture Henry A. Wallace when he outlined the 1939 program before a meeting of farmers and farm leaders at Hutchinson, Kansas, recently.
The five sections listed by Mr. Wallace are:
"First, soil conservation and acreage allotments. By staying within their individual acreage allotments for wheat, farmers can carry out their part in the national soil conservation program.
"Second, the wheat loan. In accordance with the act, a commodity loan on wheat is being offered to farmers by the Commodity Credit Corporation through the regional agencies of the R. F. C. This year when the wheat farmers have been hit by a huge surplus, when the speculators have stood waiting to make a killing, the wheat loan in spite of its faults will be of real value if the loans can be gotten out in volume to the farmers.
"Third, marketing quotas. The greater the degree of cooperation by wheat growers in the acreage program, the less the chance that wheat marketing quotas will be needed.
"Fourth, crop insurance. This program, based on the records of yield and production we have obtained through the Triple A programs, is just getting under way. It gives the wheat farmers an opportunity to eliminate the risk in their business that is due to fluctuations in yield from year to year.
"Fifth, surplus removal and expansion of markets. Wheat and flour are being bought by the Federal Surplus Commodities Corporation for relief distribution in this country. The purpose of the Government's export sales program is to see to it that American wheat growers always have their fair share of the export market for wheat."
What sub-type of article is it?
What keywords are associated?
What entities or persons were involved?
Where did it happen?
Domestic News Details
Primary Location
Hutchinson, Kansas
Event Date
Recently
Key Persons
Outcome
aimed at providing fair return for wheat farmers through five program steps amid surplus challenges.
Event Details
Secretary Wallace outlined five steps from the 1938 Agricultural Adjustment Act for 1939 wheat production: soil conservation and acreage allotments, wheat loans via Commodity Credit Corporation, marketing quotas based on cooperation, crop insurance to mitigate yield risks, and surplus removal with market expansion via federal purchases and exports.