Resealing options for farmers with 48 CFOD corn loans
Farmers with 48 CFOD corn loans face three choices under the resealing program announced by the Agriculture Department. They may repay on September 1, deliver the card to the Commodity Credit Corporation, or extend the loan to mature July 31, 1950. The program allows sale or loan of corn under purchase agreements, with CCC buying eligible corn within 30 days after 1948 loan maturity, and loans extended yield 10 cents per bushel if delivered at maturity. U S grain on loan and under purchase agreements totals about 295 million bushels, with state totals near 125 million under loan and 20 million under purchase agreements by late May.
MENTIONED IN THIS ARTICLE
Commodity It Corporation
CCC
U. S
Oats and Soybeans Receive Government Purchase Payments
Farmers will receive checks from the State AAA office for oats and soybeans under a purchase agreement. Storage and grade factors determine storage pay and price per bushel, with prior loan settlements offset. Some text notes nutritive tips and free cutting services at Schmidt's Market.
MENTIONED IN THIS ARTICLE
AAA
State Office
Good Strides In Soil Conservation Efforts Area Wide
Good progress in soil conservation as the Conservation District reports 120 applications covering 22 842 acres with 3 462 acres owed by cooperating farmers. With 96 active applications totaling 19 380 acres ahead, contour planting and new field boundaries have been established, and 5 585 feet of tile drainage laid. Farm plans drafted in late 1948 and early 1949 guide cooperators toward crop rotations and conservation practices, with mapping covering 13 475 acres and planning handled by local neighborhood groups.
MENTIONED IN THIS ARTICLE
Aze County
Kermit Bjorke
Soil Conservation Service
Bjorke
Soil Scientist
Soil Conservation District
SCC
Jack Livercn
Buffalo Center
Carl Gustafson
Lake Mills
Dick Kroeze
Scarville
Ernest P. Nelson
Milton Miller
Melvin Knudtson
Gordon and
Kenton Nelson
Dewey Hanna
Harry Nyhns
Knudt B. Knudtson
Bruces
Also Mentioned on This Page
U.S. Department of Agriculte
Schmidt's
Minneapolis
Raymond Wessels
Arvin Wessles
Pete and
Mif
Olmier Ryland
Donald
Stanley
Northfield
Minnesota
Ed Aukes
Sportscode
Wilman
ABC
Jimmy Sos
Bie KO
Uchdown
Bonham High Schools
Tex
Oki
ENE Has
Durink Deniso
den Eee Es
Denison
DE Cas Semison
Witey
Honken Farm Equipment
Iowa
Arends Sale Yard
Blue Earth, Minnesota
Lennox
Sam
Jennie
Jim
John & Jerry
Sargent
Harringa
Buffalo Center Tribune
Pioneer
Algona, Iowa
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