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FEDERAL
VOLUME 23

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NUMBER 121

Washington, Friday, June 20, 7958

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 0. C. C. Grain Price Support B ulletin 1, Supp. 1, Soybeans
Part 421 G rains
and C ommodities
R elated
SUBPART 1958-CROP SOYBEAN LOAN AND
PURCHASE AGREEMENT PROGRAM

A price support program has been an nounced for the 1958-crop of soybeans.
The 1958 C. C. C. Grain Price Support Bulletin 1 23 P. R. 2663 issued by the Commodity Credit Corporation and con taining the regulations of a general nature with respect to price support op erations for certain grains and other commodities produced in 1958, is supple mented as follows:
Sec.
421.3426 Purpose.
421.3427 Availability of price support.
421.3428 Eligible soybeans.
421.3429 Warehouse receipts.
421.3430 Determination of quantity.
421.3431 Determination of quality.
421.3432 Maturity of loans.
421.3433 Determination of support rates.
421.3434 Warehouse charges.
21.3435 Inspection of soybeans under purchase agreements.
421.3436 Settlement.
DTH0RrrT: 421.3426 to 421.3436 issue der sec. 4, 62 Stat. 1070, as amended; 1
Rtof ? 714bterp ret or apply sec. 5, 6
Stat. 1072; secs. 301, 401, 63 Stat. 1053; 1
u-S. C. 714e, 7 U. S. C. 1447,1421.

tA S y S 26 PurPse Sections 421.342
.st&te additional specific regu together with the genera eguiations contained in the 1958 C. C. C
uram pricg Support Bulletin 1 421.
421-3020>. apply to loans an TO ase agreements under the 1958
P Soybean Price Support Program.
. vaMability of price sup SUDDOI?! Method of support. Pric K
m be made available throug w " f I al e and warehouse-storag ad through purchase agreements /

b Area. Farm-storage and ware house-storage loans and purchase agree ments will be available wherever soy beans are grown in the continental United States, except th at farm-storage loans will not be available in areas where the State committee determines that soy beans 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 final date. Applicable documents include the Producers Note and Loan Agreement for warehousestorage loans, the Producers Note and Supplemental Loan Agreement and the Commodity Chattel Mortgage for farmstorage loans, and the Purchase Agree ment 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, politi cal subdivision of a State, or any agency thereof producing soybeans in 1958 as landowner, landlord, tenant or share cropper.
Executors, administrators, trustees, or receivers who represent an eligible producer or his estate may qualify for price support provided th e loan or purchase agreement documents executed by them are legally valid. Two or more eligible producers may obtain a joint loan on eligible soybeans 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 responsible for the loan. Warehouse-storage loans may be made to a warehouseman who tenders to CCC warehouse receipts issued by him on soybeans 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 Continued on next page
CONTENTS
Agricultural Marketing Service
Proposed rule making;
Milk handling, marketing areas :
Des Moines, Iowa__ ;________
North Texas______________
Rules and regulations:
Apricots, designated counties in Washington:
Container regulation_______
Limitation of shipm ents.___
Limes, Persian Tahiti ; U. S.
standards_________________

Page
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4457

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Agriculture Department
See Agricultural Marketing Serv ice; Commodity Credit Corpora tion..
Alien Property Office
Notices:
Baumann-Hess, Anna Gertrud;
intention to return vested property__________________ 4462
Atomic Energy Commission
Notices:
Advance Industrial X-Ray Lab oratories; - temporary order and order to show cause____
Martin Co.; utilization facility license__ ______________ _
Radioactive waste disposal serv ice, application for license:
American Electronics, Inc___
Walker Trucking Co________

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4460

Civil Aeronautics Administra tion
Rules and regulations:
Standard instrument approach procedures; alterations.-____ 4452
Coast Guard
Rules and regulations:
Waivers of navigation and ves sel inspection laws and regulations:
Vessels operated by Pacific Micronesian Lines, Inc__ 4455
Cross reference._____ ___ 4451
Commerce Department
See Civil Aeronautics Administra tion.
Commodity Credit Corporation
Rules and regulations:
Soybeans, loan and purchase agreement program, 1958___ 4441
4441