GEiVERAL FARM PROGRAM 5 



3. Release from storage without payment of penalty. — If the acreage planted to 

 corn on the farm is less than the farm acreage allotment, the amount of cora 

 from any previous crop required to be stored in order to avoid or postpone pay- 

 ment of the penalty is required to be reduced by an amount equal to the normal 

 production of the number of acres by which the acreage allotment exceeds the 

 planted acreage. The stored amount is also required to be reduced to the extent 

 that the actual production on the farm is less than the normal production of the 

 farm acreage allotment (sees. 322 (b) and 326 (b) as modified bv Public Resolution 

 34, 76th Cong., and Public Law 74, 77th Cong.), 



4. Exempt farms. — Quotas are not applicable to any farm in the commercial 

 corn-producing area on which the normal production of the acreage planted to 

 corn is less than 300 bvishel.s or on which the acreage planted to corn does not 

 exceed 15 acres (sec. 323 (b) as modified by Public Law 74, 77th Cong.). 



5. Nonallotmenl farms. — The marketing penalty is not applicable to corn pro- 

 duced on any farm classified as a nonallotment farm under the then current agri- 

 cultural conservation program if the acreage harvested thereon is not in excess 

 of 15 acres or the acreage allotment for the farm, whichever is larger. If the 

 acreage harvested on such farm is in excess of 15 acres and in excess of the farm 

 acreage allotment, the normal production or the actual production, whichever is 

 smaller, of the acreage harvested in excess of 15 acres or the farm acreage allot- 

 ment, whichever is larger, shall be deemed to be the farm marketing excess and 

 subject to penalty (Public Law 74, 77th Cong.). 



IV. WHEAT 



^1. National marketing quota 



1. When proclaimed. — The Secretary is required to proclaim a national market- 

 ing quota for wheat whenever in any calendar year he determines (a) that the 

 total supply '" for the marketing year beginning in such calendar year will exceed 

 the normal supply " for such marketing year by more than 20 percent, or (6) that 

 the total supply for the marketing year ending in such calendar year is not less 

 than the normal supply and the average farm price for wheat for three consecutive 

 months in such marketing year does not exceed 66 percent of the parity price. 

 The quota for any marketing year may be proclaimed at an.y time between Jan- 

 uary 1 and July 1 of the calendar year preceding the calendar year in which such 

 miarketing year begins (.sec. 335 (a)). 



2. Amount. — The amount of the national marketing quota is required to equal 

 a normal year's domestic consumption and exports ^- plus 30 percent thereof, less 

 the estimated carry-over as of the beginning of the marketing year with respect 

 to which the quota is proclaimed (sec. 335 (b) as modified by Public Law 74, 77th 

 Cong.). 



3. Eeferendum. — Between the issuance of the proclamation of the quota and 

 July 25 following, the Secretary is required to conduct a referendum to determine 

 whether farmers who would be subject to the quota favor or oppose such quota. 

 If more than one-third of the farmers voting in the referendum oppose such quota 

 the Secretary is required by proclamation to suspend the operation of such quota. 

 Such proclamation must be made prior to the effective date of the quota, which is 

 July 1 of the following calendar year (sec. 336). 



4. Termination or increase in quota. — The quota may be increased or terminated 

 if, after investigation, the Secretary finds such action necessary to (a) make 

 available free of marketing restrictions a normal supply of wheat, (6) meet a 

 national emergency, or (c) meet an increase in export demand for wheat. In 

 addition, (a) if the total supply proclaimed by the Secretary within 45 days after 

 the beginning of the marketing year with respect to which such quota was pro- 

 claimed is less than the total supply specified in the original proclamation, such 

 quota shall be increased accordingly, and (6) if the Jul.y or August crop estimate of 

 the Department shows that the total supply as of the beginning of the marketing 

 year was less than a normal year's domestic consumption and exports plus 30 

 percent thereof, the Secretary is required to proclaim that fact by July 20 or 

 August 20, as the case may be, and thereupon quotas become ineffective. If, in 

 any marketing year, marketing quotas are not in effect for the crop produced in a 



10 "Total supply" means the carry-over on July 1 plus the estimated production for the current calendar 

 y(>ar plus the estimated imports for the marketing year besinnint; in the current calendar year. 



!> "Normal supply" means the estimated domestic consumption in the preceding marketing year plus 

 the estimated exports for the marketing year for which the determination is made plus 15 percent of such 

 consumption and exports as a carry-over allowance. 



12 "Normal year's domestic consumption and exports" means the yearly average riuantity of wheat 

 consumed in the United States during the preceding 10 marketing years and the average quantity of wheat 

 exported during such years, adjusted for trends in such consumption and exports. 



