Tax reform sparks Iowa congressman clash over livestock taxes
Rep John Kyl of Iowa's Fourth argues tax-loss farming hurts small farmers while big operators dodge taxes. A reader recounts selling a cow in 1968 for 179.30 after costs, noting depreciation confusion and higher future tax hits. He predicts harsher taxes under treasury proposals.
MENTIONED IN THIS ARTICLE
John Kyl
Iowa
Treasury
Congressman Ky
Jonathan Swift
Beard
Auction Notices Spark Rural Sales Near Springville and Solon
A Saturday sale catalog lists a 1 p.m. closing auction of machinery led by Captain Stewart Marshall three miles north of Springville. Earlier at 12:30 p.m. an auction at a gas station run by Captain Herman Fuehrer of Vinton features woodworking tools cattle machinery and tools. Mary Klima hosts a sale 342 miles northwest of Solon with cattle machinery and tools listed.
MENTIONED IN THIS ARTICLE
Stewart Marshall
Springville
Herman Fuehrer
Vinton
Mary Klima
Solon
Milk Cow Numbers At New Low in 1968
Washington reports that the 1968 average milk cows on U.S. farms fell to 13 million, down 3 percent from 1967 marking 15 straight years of decline since a 1944 peak. Milk production per cow reached 9,006 pounds, a 68 percent rise since 1952 and a 15th straight record high. Cash receipts from milk and cream sales totaled a record $5.96 billion, up 4 percent from the prior year.
MENTIONED IN THIS ARTICLE
Washington
U.S
USDA
Pike elected to head national advisory committee of Land Bank associations
Herbert Pike of Whiting Iowa has been chosen to lead the national advisory committee for Federal Land Bank associations. He represents the Omaha Farm Credit district covering Iowa Nebraska South Dakota and Wyoming and holds a master's degree from Iowa State University.
MENTIONED IN THIS ARTICLE
Omaha
Herbert Pike
Whiting
Iowa
Federal Land Bank Associations
Pike
Iowa State University
Omaha Farm Credit District
Nebraska
South Dakota
Wyoming
Eastern Iowa soil moisture tests listed
Spring rains increased soil moisture in eastern Iowa with regionally varying levels. Cedar Rapids and Independence show moisture above average, while other towns like Williamsburg Marengo and Marshalltown report mid range readings in the top five feet of soil.
MENTIONED IN THIS ARTICLE
Iowa
Vivan Jennings
Cedar Rapids
Independence
Interstate 80
Jennings
Williamsburg
Marengo
Marshalltown
Maquoketa
Keokuk County
Wapello County
Hardin backs self help aid for food short lands
Agriculture Secretary Clifford M. Hardin tentatively rejects a farm group proposal to cut back U.S. food aid to developing nations. He cites recent improvements from new technology and weather but warns shortages could reoccur and urges nations to boost their own economies. The National Association of Wheat Growers urges policy changes to expand American agricultural role.
MENTIONED IN THIS ARTICLE
Hardin
Washington
UPI
Clifford M. Hardin
United States
National Association of Wheat Growers
Food For Peace
U.S
Iowa City Chamber Sets Chicago Train Trip
The Iowa City Chamber of Commerce agriculture committee names June 4 for its annual charter train trip to Chicago. Farmers and business men are invited. the $25 fee covers all costs and includes a Cubs-Astros game ticket or Arlington Park races option, per Roy A. Williams.
MENTIONED IN THIS ARTICLE
Iowa City
Agriculture Committee
Iowa City Chamber of Commerce
Chicago
Windy City
Arlington Park
Roy A. Williams
The
Chamber
U.S. Livestock Output Reaches Record $12.8 Billion in 1968
Agriculture department reports cattle hogs and sheep produced a record 58.8 billion pounds valued at $12.8 billion, up 5 percent from 1967. Cattle accounted for 62 percent, hogs 36 percent, sheep and lambs 2 percent. cash receipts totaled a record $15.4 billion, with cattle receipts at $11.3 billion.
MENTIONED IN THIS ARTICLE
U.S
Washington
Agriculture Department
Crop Reporting Board
Hog and sheep receipts rise in 1968 with higher prices
Hog receipts reached $3.8 billion, up 2 percent from 1967, with hog prices averaging $18.60 per hundredweight versus $18.90 a year earlier. Cash receipts from sheep and lambs totaled $316 million, up from $300 million, as sheep averaged $6.60 and lambs $24.40 per hundredweight, vs $6.30 and $22.10 in 1967.
Waukon Cow Sets Holstein Milk Production Record
Willards Lucifer Dinah 6395183 owned by Glengate Farm Waukon Iowa tops junior two year olds with 24171 pounds of milk and 849 pounds of fat in 365 days in the DHIR program Dinah bred by Nehls Stock Dairy Farm Juneau Wisconsin sired by Lockway Sovereign Lucifer Lab 1366229 a Gold Medal Sire winner
MENTIONED IN THIS ARTICLE
Brattleboro
Iowa
Holstein- Friesian Association of America
Glengate Farm
Waukon
Dinah
Willard Nehls
Nehls
Record Iowa feed grain sign up hits new high
Iowa's 1969 feed grain program enrollment reaches a record 10.5 million acres of the state's 13.6 million acre base. Dale Awtry reports 77 percent of Iowa’s feed grain base is enrolled, up from 76 percent the prior year, with average diversion at 38 percent per farm.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
U. S. Department of Agriculture
Dale H. Awtry
Iowa Agricultural Stabilization and Conservation Service
USDA
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Fayette
Fayette County
Mary Ellen Derr
Diane Rueber
Leslie Rechkemmer
Jeanne Richmond
Earl Bardach
Oelwein
Rex Cown
Internal Revenue
U.S. Treasury
Gazette
Fred Ledvina
Nat's Land Bank Advisory Chm
Qb Eyewear
Montgomery Ward
Scotts Lawn Products
Scotts
L Purpose Asher
Sondrol’s
E. L. Hatcher
Association
Hatcher
Canada
By Don Kendall
Niger
Kellogg Company
Kellogg's
Kellogg’s
WR. Grocer
Dept. Kpo
Glinvon
Kellogg
Battle Creek
Michigan