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IN RE EARLEY

Bankruptcy No. 86-80311.

65 B.R. 658 (1986)

In re Bryan P. EARLEY and Sherrie L. Earley, Debtors.

United States Bankruptcy Court, C.D. Illinois.

October 8, 1986.

Attorney(s) appearing for the Case

Barry M. Barash, Barash, Stoerzbach & Henson, Galesburg, Ill., for debtors.

L. Lee Smith, Asst. U.S. Atty., Peoria, Ill., for Commodity Credit Corp.

OPINION AND ORDER

WILLIAM V. ALTENBERGER, Bankruptcy Judge.

The Debtors are farmers and participated in the Commodity Credit Corporation's (CCC) Farm Price Support Program. Under this program, the CCC loans a farmer money at a pre-determined per bushel rate for corn the farmer grows. If the price of the corn rises above the loan rate, the farmer may sell the corn on the open market, repay the loan and retain the...

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