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FEDERAL
VOLUME 23

1 9 34

NUMBER 120

A N T E D

WashingfonThursday, June 19, 1958

TITLE 6 AGRICULTURAL CREDIT
Chapter IV Commodity Stabilization Service and Commodity Credit Cor poration, Department of Agricul ture Subchapter B Loans, Purchases, and Other Operations 1958 C. C. C. Grain Price Support Bulletin 1, Supp. 1, G rain Sorghums
P ari 421 G r a in s
and
R e la t e d
C o m m o d it ie s SUBPART 1958-CROP GRAIN SORGHUMS LOAN
AND PURCHASE AGREEMENT PROGRAM

A price support program has been an nounced for the 1958 crop of grain sor ghums. The 1958 C. C. C. Grain Price Support Bulletin 1 23 F. R. 2663, issued by the Commodity Credit Corporation and containing the regulations of a gen eral nature with respect to price support operations for grains and certain other commodities produced in 1958 is supple mented as follows:
.:

$SHr Purpose.
Availability of price support.
Eligible grain sorghums.
Warehouse receipts.
Determination of quantity.
Determination of quality.
Maturity of loans.
Support rates.
Warehouse charges.
Inspection of grain sorghums u n
der purchase agreement.
421.3236 Settlement.

See.
421.3226
421.3227
421.3228
421.3229
421.3230
421.3231
421.3232
421.3233
421.3234
421.3235

Au th o r ity : 1421.3226 to 421.3236 issued
under sec. 4, 62 Stat. 1070, as amended; 15
US. C. 714b. Interpret or apply sec. 5, 62
Stat. 1072;.secs. 301, 401, 63 Stat. 1053, 1054, as amended, sec. 308, 70 Stat. 206; 15 U. S. C.
714c, 7 U. S. C. 1447, 1421. _

421.3226 Purpose. Sections 421.3226
to 421.3236 state additional specific reg
ulations which, together with the gen eral regulations contained in the 1958
/ C C. Grain Price Support Bdlletin 1, 421.3001 to 421.3020, apply to loans und purchase agreements under the i58-Crop Grain Sorghums Price Sup port Program.
g
421.3227 Availability of price supMethod of support. Price supwill be made available through arm-storage and warehouse-storage aus and through purchase agreements, hm! , ea Farm-storage and wareuse-storage loans and purchase agree -

ments will be available wherever grain sorghums are grown in the continental United States, except that farm-storage loans will not be available in areas where the State committee determines that grain sorghums cannot be safely stored on the farm.
c Where to apply. Application for price support should be made at the of fice of the county committee which keeps the farm-program records for the farm.
d When to apply. Loans and pur chase agreements will be available from the time of harvest through January 31, 1959, and the applicable documents must be signed by the producer and delivered to the office of the county committee not later than such date. Applicable docu ments include the Producers Note and Loan Agreement for warehouse-storage loans, the Producers Note and Supple mental Loan Agreement and the Com modity Chattel Mortgage for farm-stor age loans, and the Purchase Agreement for purchase agreements.
e Eligible producer. An eligible pro ducer shall be an individual, partnership, association, corporation, estate, trust, or other business enterprise, or legal entity, and wherever applicable, a State, polit ical subdivision of a State, or any agency thereof producing grain sorghums in 1958 as landowner, landlord, tenant, or sharecropper.
Executors, administra tors, trustees, or receivers who represent an eligible producer or. his estate may qualify for price support provided the loan or purchase agreement documents executed by them are legally valid. Two or more eligible producers may obtain a joint loan on eligible grain sorghums harvested by them if stored in the same farm-storage facility. In the case of joint loans, each person signing the note shall be held jointly and severally re sponsible for the loan. Warehouse-stor age loans may be made to a warehousemail who tenders to CCC warehouse receipts issued by him on grain produced by him only in those States where the issuance and pledge of such warehouse receipts are valid under State law.
Where the county office has experienced difficulties in settling farm-storage loans with a producer, the county committee shall determine that he is not eligible for a farm-storage loan. He shall be eligi ble, however, to obtain a warehousestorage loan or sign a purchase agree ment.
Continued on p. 4403

CONTENTS
Agricultural Marketing Service Proposed rule making:
Milk in Mississippi Delta m ar keting area--------------------------Rules and regulations:
Cotton classing, testing, and . standards; revised fees for licensed cotton linters classesMilk; determination of equiva lent index of prices re ceived by Pennsylvania farmers for farm products except dairy in:
Philadelphia, Pa., marketing area--------- -----------------------Wilmington, Del., marketing area________________ ________

Page 4415

4410

4410
4410

Agricultural Research Service Proposed rule making:
Anti-hog-cholera " serum and hog-cholera virus------ - - -

4432

Agriculture Department See also Agricultural Marketing Service; Agricultural Research Service; Commodity Credit Cor poration.
Notices:
Wisconsin; designation of area for production emergency loans__I ______ _ ----------------- -

4435

Civil Aeronautics Board Notices:
American Airlines, Inc.; en forcement proceeding, hear ing--------- -------------

4435

Civil Service Commission Rules and regulations:
Territorial post differentials and territorial cost-of-living a l? lowances ; exclusion of certain employees - ---------

4410

Commodity Credit Corporation Notices:
1957-crop peanut price support program; extension of matu rity date-------------------------------Rules and regulations:
Grains and related commodi ties:
Grain sorghums loan and pur chase agreement program, 1958 crop_________ I --------Provisions for participation 6f financial institutions in pools of CCC price support loans on certain commodi ties; correction ;-------------4401

4435

4401

4409