Farm Coalition Fights Land Loan Interest Hike
Iowa farmers unions and the Iowa NFC and Grange oppose SF1008 HF1069 seeking to repeal the 9 percent loan ceiling for $25 000 or more as it would raise borrowing costs. Leaders warn lenders would push higher charges on farm implements and land financing, urging farmers to lobby legislators immediately.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Iowa Farmers Union
Iowa Nfc
Iowa Grange
Town Farmers Union
Lowell Gose
Jefferson
Richard Steffen Dunkerton
Delwyn Cross
Killduff
Iona Grange
Coaliion
Federal Land Bank
Land Bank
Farm groups dispute loan bill changes amid farm debt fears
Iowa farm organizations attack lobbyists for HF1069 and SF1008 arguing scare tactics about loan access and higher rates. They cite potential increases of two points raising costs on a 20 year 100000 loan by about 32000 dollars and 53000 on 30 years, urging evidence of need and fairness.
MENTIONED IN THIS ARTICLE
Gage
Iowa
Mid-America Dairy reports major turnaround in finances
At the eighth delegates meeting in Kansas City Mid-America Dairymen Inc announced a sharp improvement in finances with 1975 net earnings of 1,085,168 after an 8 million loss the previous year. President William A. Powell and EVP GM Gary Hanman cited cost cuts decentralization and liquified inventories as key factors. Net sales rose to 637 million while milk volume declined to 6.03 billion pounds from 6.6 billion in 1974.
MENTIONED IN THIS ARTICLE
Kansas City
Mid- America Dairymen, Inc
Gary Hanman
Mid-Am
William A. Powell
Powell
Justice Department
Securities and Exchange Commis
Iowans Form New Breeder Cooperative Ideal Breeding Systems
Three Iowa cattlemen join with Jorgensen Angus line to form Ideal Breeding Systems based in Huxley Iowa with executives from South Dakota Minnesota Nebraska Wyoming Canada Georgia Virginia and Iowa. Dr Robert de Baca will be executive director. The firm offers performance bred cattle and semen to commercial and purebred producers.
MENTIONED IN THIS ARTICLE
Huxley
Iowa
Martin Jorgensen, Jr
Ideal
S. Dak
Ideal Breeding Systems
Jorgensen
Jorgensen Brothers
Rite 149
South Dakota
Minnesota
Nebraska
Wyoming
Canada
Georgia
Virginia
Jauer Brothers of
Grain Bill Veto Prospect Draws Criticism From NCGA
Boone The National Corn Growers Assn criticized President Ford for planning to veto a grain inspection bill calling it a dark day for corn farmers and agriculture. John W. Curry said Ford listened to bad advice and noted a prior Packers and Stockyards bill reversal. Curry blamed Agriculture Secretary Earl Butz for advising the move.
MENTIONED IN THIS ARTICLE
BOONE
National Corn. Growers Assn
Ford
John W. Curry
Curry
Earl Butz
Vernon Walter Heads Clayton Pork Group
Vernon Walter of Guttenberg is the new president of the Clayton county Pork Producers Assn. Gordon Pollock of Volga was elected secretary-treasurer. Tom Kenney of Elkader was elected vice president and Wayne Garrs of Monona was elected historian.
MENTIONED IN THIS ARTICLE
Elkader
Vernon Walter
Guttenberg
Clayton County Pork Producers Assn
Gordon Pollock
Volga
Tom Kenney
Wayne Garrs
Monona
Donella Brady Receives ASCS Service Award
Mrs Donella Brady Marion womanreceives district and state distinguished service award from the Iowa Association of Agriculture Stabilization and Conservation Service County Office Employes. Brady, executive director of Linn County Conservation Service in Marion, will enter the Midwest region competition in coming weeks.
MENTIONED IN THIS ARTICLE
Des Moines
Marion
Donella Brady
Iowa Assn. of Agriculture Stabilization and Conservation Service
Brady
Linn County Agriculture Stabilization and Conservation Service
Close out Auctions Listed For April Across Regions
April auctions include Frt on Monday April 9 at 12 30 pm with Carl Weber selling machinery and household goods 2 miles north of Viola Also Monday April 12 Ed Thompson conducts machinery sale 5 miles north of Vinton Saturday April 17 Berry Bros hold 9 30 am machinery and household goods cattle 7 miles northwest of Mt Vernon Also a close out sale at 12 30 pm with Mrs Burl Walton on the northeast edge of Troy Mills
MENTIONED IN THIS ARTICLE
Mach
Carl Weber
Viola
Ed Thompson
Vinton
Sat
Berry Bros
Mt. Vernon
Burl Walton
Edge
Troy Mills
Slaughter Halted on Michigan Dairy Farm
Louis Trombley of Hersey Michigan had 71 dairy cows barred from slaughter by the U S Farmers Home Administration. Trombley claims the herd is contaminated with PBB fire retardant chemical accidentally mixed into feed. The cattle were pledged as collateral for an 85000 dollar loan guarantee.
MENTIONED IN THIS ARTICLE
Hersey, Mich
Louis Trombley
U.S. Farmers Home Administration
Trombley
Hersey
Mich
Farmers Home
Iowa Farm Moisture Shortages Linger In Central Southeast
Iowa crops face drier winds and below normal rainfall with topsoil largely adequate but subsoil moisture thinning. Winter wheat mostly fair to good, with some fields plowed under for winterkill. pasture fair to good, fertilizer about 65 percent done as seedbed prep and herbicide work continue.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Livestock Reporting Service
Also Mentioned on This Page
Farm Coalition
Farm News
Mid-America
Sion
deBaca
Clayton Pork Group
ASCS
Pomona
Calif
Larry R. Rahman
Lyle D. Scheer
Aamco Transmissions
Sioux City
Blue Cross
Blue Shield
Bluse Cross Association
The
National Association of Blue Shield Plans
Cedar Rapids
Robert J. Sedenka
Benton and Linn Counties
Lloyd Scchavfenbuel
Johnson County
Bert Vincent
Jones and Cedar Counties
Edward A. Schlatter
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