Financial Pact Reached Clears Path for Plants to Reopen
American Beef Packers Inc and General Electric Credit Corp reached a debt payment agreement approved by Federal Bankruptcy Court Judge David Crawford. The deal lowers the loan, grants more financing, and allows reopening of Oakland Iowa and Fort Morgan Colorado plants, with a possible Omaha operation later. A custom slaughtering plan and new $7 million funding are part of the accord to stabilize payments to feeders and resume operations.
MENTIONED IN THIS ARTICLE
GMAHA
American Beef Packers Inc
General Electric Credit Corp
Oakland
Iowa
Fort Morgan
Cola
Douglas Reno
American Beef
David Crawford
Council Bluffs, Iowa
Beefand International
Huge Credit Corporation
General Electric Credit
Reno
General Electric Credit of
Stamford
GECC
American Beefs
Oklahoma
Ladd Hitch
Guyman
Kansas
Moruy
Hitch
Packer
Omaha
Herb Albert
Nebraska Livestock Feeders Assn
Renu
Butz Dairy Decision Boosts Iowa Milk Prices
Des Moines Iowa Secretary of Agriculture Robert E L Lounsberry said Thursday four recent administrative decisions by U S Secretary of Agriculture Earl L Butz will raise dairy price supports about 10 percent aiding Iowa dairy farmers to roughly 45 million dollars annually As a consumer he acknowledges the impact but the text cuts off before a full quote.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Robert EL. Lounsberry
U.S
Earl L. Butz
Lowa
Milk price lift and egg decline shape 1970s dairy notices
Government experts warn continued decline in egg consumption through the 1970s while price support hikes raise class II milk prices and push up class 1 milk for consumers. Iowa dairies face plant closures and farm declines as costs rise, prompting calls for aid to farmers amid higher retail milk costs.
MENTIONED IN THIS ARTICLE
Washington
Aly
Agriculture Department
Iown
USDA
Farm Bureau Debates Foreigners and In-House Union Fight
Farm Bureau discussions in New Orleans touched on foreign investment limits and a potential split within Amalgamated Meat Cutters. Bob Rust of State University warned the issue could spark internal Union conflict as retail and packing plant meat cutters share the same union. A separate plank backed an international monetary food fund to curb world hunger, defeated after debate. Hayes of Alabama eyed a presidential bid as Kuhfuss’s term neared end.
MENTIONED IN THIS ARTICLE
Shucks
Farm Bureau
Bob Rust
Lend State University
Amalgamated Meat Cutters Union
Packing House
Rust
Cedar Rapids
International Monetary Food Fund
Jimmy Hayes
Alabama
Hayes
American Farm Bureau
William Kuhfuss
Milwaukee
Iowa
American Beef Collapse prompts oversight, feeders seek funds
In Council Bluffs, feeders, lawyers, and workers urged a solution after American Beef Packers and Beefland International faced collapse. Senators Clark Culver and Rep Hawkins attended a hearing at Western Iowa Community College, calling for investigations and a feeder security fund to cover losses from unpaid livestock valued at about 25 to 26 million dollars.
MENTIONED IN THIS ARTICLE
Council Bluffs
American Beef Packers
U. S
Richard Clark
Culver
Tom Hawkins
Western-Iowa Community College
Clark
U.S. Justice Department
Marvin Ford
Bridgewater
Iowa
First Milk Handler Action Under Fair Practice Act
Federal court action targets Lawson Milk Go of Cleveland for refusing to deal with an Ohio producer due to association membership. USDA charged ABT law violations by Lawson and others, citing contracts that barred sale to a co op and retaliation for joining. The case marks the first milk handler action under the act to protect individual rights and cooperative participation.
MENTIONED IN THIS ARTICLE
Washington
Lawson Milk Go
Cleveland
Ohio
Department of Auedent Ure
Firth, & Division
Cone Solidized Foods Corp
Omik
Ieder
Aserintiuattion
Barailers
USDA
Fraindah Weir
Careroilton
Usda Vampisint
Weir
Washington official weighs fertilizer policy shift
An Agriculture Secretary candidate weighs expanding fertilizer access while cutting lawn use and selling compost. He remains skeptical a voluntary approach will curb abuse and recalls past meatless campaigns that failed to curb sales.
MENTIONED IN THIS ARTICLE
Wasitington
Agericalture
Early Buta
Yast Ahd
Auctions and closeout sales in Linn County area notices
A sequence of upcoming auctions and closeout sales listed with dates and locations across Linn County Iowa. Items include farm equipment, grain, and miscellaneous goods from Weaver Wieger Farms near Marlow to Culbert Albin near Central Guy and Bayles near Center Paint, with scheduled times and directions.
MENTIONED IN THIS ARTICLE
Auctiom Sal
Ara Mach
Weaver Wieger Farms
Linn
Newe Marlow
el Valle
Cay
Culbert Albin
Central Guy
Javlie Bayles
Dlc
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Leland Sarggisson
Kingsley
John Culver
D-lowa
Dick Clark
Berkley Bedell
D-4owal
Nebraska
Reno Sat
American Reef Seeway
Rena
Butz
Lounsberry
Gerald Ford
Buta
Mik
Dairymun
Chrysler Corporation
Carnival
Handler’s Corner
Ava
St. S.E
al Swegle
American Farm Bureau Federation
New Orleans
Texas
United States
Beefland International
Packer Bonding
Jerry Corey
Lytton
Dairymen's Co-Operative Sales Assi
Pittsburgh
Laigdage
Lawsar
Gazette
Nas
Glivation
Dee Wan
Hou Sat Bam
Monthey Fi
Roar
Peotey
Bam
Orion Ollica
Fairfax
John Altenhofen
Lumir Feyerbend
Lorie
Amano
Swisher
DIAL
Fou
Ilen
Dawn Lennox
Lennox
Second Ave
Second Avenue Bridge
Nifly Weather Machine Headquarters