Charges Against ABP Keep Growing
The USDA expanded charges against American Beet Packers Inc. ABP and Beefland International alleging violations of the Packers and Stockyards Act. They claim ABP issued insufficient funds checks totaling over 16 million for livestock purchases while in bankruptcy talks. The amended complaint accuses slaughters worth over 2.6 million and payments to West associates, plus schemes diverting receivables and remote disbursements to extend float time at banks in Spokane and Winston-Salem.
MENTIONED IN THIS ARTICLE
Washington
U.S. Department of Agriculture
USDA
American Beet Packers, Inc
ABP
Packer
Finanial
Packers and Stockyards Act
Beefland International Inc
Beefland
Frank R. West
West
General Electric Credit Corp
Spokane
Wash
Winston-Salem
N.C
A&P settles beef price fixing case for 9 million
Great Atlantic and Pacific Tea Co settles for 9 million of an earlier 35.8 million judgment won by six cattlemen who accused the chains of fixing beef prices. The settlement is paid in five yearly installments through 1880 to avoid lengthy litigation. Kroger and Safeway exited lawsuits with 85 thousand dollars total.
MENTIONED IN THIS ARTICLE
New York
Great Atlantic and Parific Tea Co
A&p
Grant C. Gentry
Safeway Stores, Inc
Kroger Co
Kroger
Safeway
Texas
Nebraska
Iowa
Farm Bureau Forms Grain Information Unit
Des Moines Iowa Farm Bureau approves a telephone market line grain information program and the creation of a membership organization named GRAIN led by J Merrill Anderson of Newton. The pilot will run this fall in three or four counties with heavy grain and livestock, providing daily quotes on corn soybeans hogs and cattle via three minute tapes to county offices.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Farm Bureau
J. Merrill Anderson
Newton
Farm Bureau
Roger Read
Iowans Dominate Junior Angus Premier Show
East Iowans dominated the Iowa Junior Angus Premier at Warren County Fairgrounds. Owen Domer’s Morley home raised entry won champion from 61 entries with Sheryl Knap Ida Grove as reserve. Brent Larsen Gladbrook showed the grand champion steer, with Cathy Domer Center Junction as reserve.
MENTIONED IN THIS ARTICLE
Indianola
Top Lamb and Dairy Champions Named at Iowa County Fair
Victor and Marengo champions led the judging with Myron Jack taking top market lamb and pen honors. Randy Tompkins earned the sweepstakes dairy title, while Holstein and reserve prizes went to Tompkins and Douglas Doehrmann respectively. Showmanship honors went to Steve Heitshusen.
MENTIONED IN THIS ARTICLE
Jack
Iowa Fair
Marengo
Myron Jack
Victor
Randy Tompkins
Iowa County Fair
Tompkins
Douglas Doehrmann
Williamsburg
Steve Heitshusen
Randy Twenhafel
Market Lamb
Pen
Reed Ballard
Brian Hinrichs
Steve Karsten
Doug Blythe
Wil
Liamsburg
Kevin Grimm
Deep River
Ayrshire
Rhea Edwards
North English
David
Rhea
Jay Ballard
Birk Rathjem
Fearful Iowa Bean Crop Faces Early Damage Risk
Des Moines from the API Iowa crop observers warn that poor weather may soon injure the state's soybean crop ahead of a U.S. Department of Agriculture release due Monday.
MENTIONED IN THIS ARTICLE
Des Moines
API
U.S. Department of Agriculture
Grass roots move aims to oust NFC leaders
Des Moines AP A faction within the National Farmers Organization plans to challenge President Oren Lee Staley and current leadership. About 50 delegates from up to 10 states, representing an estimated 5,000 to 45,000 members, push for fundraising and a national election bid to replace NFC officials amid ongoing SEC litigation and a recent court ruling favoring the NFC.
MENTIONED IN THIS ARTICLE
Des Moines
National Farmers Organization
National Committee For the Advancement of Nfc
Nca-Nfq
Oren Lee Staley
Out-of-Court Settlement In Lawsuit Against NFO
A $6.6 million suit against the National Farmers Organization and nine officers was dismissed by consent of six area farmers after an out-of-court settlement. Plaintiffs claimed 6500 bushels of wheat sold last summer were unpaid under contracts. settlement details were undisclosed but each plaintiff was reportedly paid in full. The case is dismissed with prejudice. defendants will pay court costs.
MENTIONED IN THIS ARTICLE
Jansen
Staley
John Fagan
Franklin
Tenn
Nca-Nfo
NFO
Staley Staley
Fagan
Federal Securities and Exchange Commission
NFC
Des Moines
SEC
Junction City
Kan
National Farmers Organization
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Yay Au Nt Lee Pe
Saakow
Lookouts & Naile Vet
Atx Cox
Goa
Bala Sain
Overtang
Blom
Saa
Rey
Abe
EU Am
Mhoks
Pine Cove
Cammen Neils
2Hee BB
Wang
Vx Sa
Tbs
Pat Uni
Anondied
Fane
Cedar Rapids
Tre Lindale
Piaza
First Avenue
University of Wisconsin
University
H.W. Ream
H.D. Bruhn
Hitchen As
the “Hee
Burgandy
Mts
Menards Conhunay Lamben
Vernon Jansen
Lakeville
Minn
Ine