Non-Recourse Price Prop Loans Face Policy Shifts
The piece outlines a heated debate over non-recourse versus recourse price support loans for farm crops. It notes farmers can store crops to qualify for support, with the government holding the loan if prices fall. Proponents in the American Farm Bureau favor recourse loans for market stability, while critics fear moral hazard and increased government control. The article cites current outstanding loans totaling about $2.3 billion and $4.3 billion in commodities held by the government.
MENTIONED IN THIS ARTICLE
Ashington
Agriculture Department
American Farm Bureau Federation
NRECA
Anderson
Jcapital
Electric Co-Ops Hit Budget Cut For REA Loans
The 1967 budget cuts REA loan funds prompting concern from Jerry L. Anderson acting general manager of the National Rural Electric Cooperative Association. He cites a likely shortfall of $270 million of the $402 million approved by Congress and says the move would cripple rural electrification and deepen loan backlogs.
MENTIONED IN THIS ARTICLE
Washington
Wallace Ash
Dent Johnson
Jerry L. Anderson
National Rural Electric Cooperative Association
Anderson
Congress
Johnson
Public sale listings for farm machinery livestock and more
A dense sequence of public auctions and closing out sales dates and locations across Iowa. Items include machinery livestock grain hay dairy equipment autos and household goods with sellers such as Dale Rigste Howard Schrim Van Woert and Frank H To smash. Events span Jan 26 to Feb 16 near centers like Center Point North Liberty Marion Cedar Rapids Monticello and Urbana.
MENTIONED IN THIS ARTICLE
John H. Heinsich
Center Point
Dale
Ivan Rigste
North Liberty
rArt van Woert
East Edge
Marion
Fay
Howard’ Schrim
Robins
Leo
Sonka
Imi
Norway
Gilbert Vernimont
Monticello
Adolph Christensen
Alburnett
Ollig Kuta
Prairieburg
Larry Crowbaugh
Urbana
Floyd James
Belle Plaine
E. L. Herndon
E. C. Nagel
Walter Krug
Atkins
Miller and Gould
Cedar Valley
Vinton
Realio Wille
Ryan
Ray
Frank Ross
Coggan
Siemer and Hoskins
Marian
Wm. T. Dunn and Sons
Winthrop
Aim
Hawkeye
Hawkeye Downs
Delbert Krug
Larry Cronbaugh
Wesley Waterhouse
Urbana Savings Bank
PCA Schedules Annual Meeting in Cedar Rapids and other cities
The Central Iowa Production Credit Assn opens its 32nd annual meeting with a Feb 1 dinner in Cedar Rapids Montrose hotel. Otis Tutile of Norway will preside over the business session. two directors will be elected. James D. Hendry of Lost Cabin, Wyoming, will speak. Other sessions move to Marshalltown and Newton on Feb 2 and 3. The group serves 12 central Iowa counties with offices in Newton, Cedar Rapids, Vinton, Marshalltown and Indianapolis.
MENTIONED IN THIS ARTICLE
Central Iowa Production Credit Assn
Montrose
Cedar Rapids
Ralph O. Baker
PCA
Otis Tutile
Norway
James D. Hendry
Lost Cabin
Wyo
Omaha Farm Credit Banks
Baker
Marshalltown
Newton
Iowa
Vinton
Indianola
Elkader Area OYF winners named in Jaycees event
Top three winners in the Elkader area Out Standing Young Farmer contest came from St Olaf. Roy Engelhardt 35 owns and operates 240 acres northwest of St Olaf and milks 25 cows with a small beef herd. First runner up is Keith Lau 33 and second runner up is Jon Johnson 27, both with St Olaf addresses.
MENTIONED IN THIS ARTICLE
Elkader
St. Olaf
Elkader Jaybees
OYF
Roy Engelhardt
Engelhardt
Keith Lau
Jaycees
Elkader Municipal
Jon Johnson
Hog Shows Set In Two Counties
Annual spring market hog shows announced in Delaware and Washington counties in Eastern Iowa. Delaware sixth annual show set for February 19 at Manchester sale barn for barrows and gilts 190 to 240 pounds, hogs due by 9:30 a.m. Judging at 10:30 a.m. Rath Packing data provided. Washington show February 15 at Kalona sale barn for barrows 190 to 230 pounds with weigh-in 9 to 11 a.m. Judging at 12:30 p.m. Open to residents of Washington and adjoining counties. Carcass placings at Rath Packing plant in Columbus Junction.
MENTIONED IN THIS ARTICLE
Iowa
Delaware County
Manchester
Rath Packing Company
Waterloo
Washington County
Kalona
Washington
James R. Frier
Columbus Junction
Honey production for 1965 cuts 2 percent from 1964
The Crop Reporting Board puts 1965 U S honey output at 275 243 million pounds a 2 percent drop from 1964 and the smallest since 1962. In Williamsburg a second of four 4-H county leader meetings was planned with attendance noted. Production per colony averaged 50 pounds in the Farm Bureau building, down from 50 9 pounds in 1964.
MENTIONED IN THIS ARTICLE
Washington
UPI
Crop Reporting Board
U.S
Williamsburg
Schee
Farm Bureau
Iowa Livestock Health Rules Tighten Breeding Transfers
Iowa veterinary officials explain brucellosis rules for certified areas and health certificates for dairy and beef breeding cattle. Breeding cattle from other states must pass brucellosis tests. healthy sheep flocks undergo scabies inspections. slaughter-bound fat lambs bear a red K tag.
MENTIONED IN THIS ARTICLE
Iowa
Washington
M. E. Pomeroy
Petey
Ohe
Pomeroy
Farmer Evening Class Topics Credit at Walker School
The North Linn community district announces an adult farmer evening class on Wednesday at 8 p.m. at the Walker school. The session will cover farm credit topics for local farmers and residents seeking finance guidance.
MENTIONED IN THIS ARTICLE
Farmer
Walker
North Linn Community
Also Mentioned on This Page
By Ovid A. Martin
Farm Bureau Plan
Capitol Hill
Big Farm Organization
Egally
Tama County
TRAER
William Dean
the Gazette
Keith G. Horn
Riverside
Above
Iowa State
Horn
Mississippi Valley Farm Business Association
Washington County Extension Council
Fair Board
Young Republicans
Yellowstone
Kentucky
Yellowstone Distillery Co
Louisville
Elkader Area
Co-op
Des Moines
Farmers Grain Dealers Association of Iowa
Charles W. Hanson
Hanson
FGDA
Ioe
Gazette
J.S
Joe
Iowa City
Johnson County
Montgomery Hall
Fairground
E. F
of Butler of
Maytag
Carl D. Frederick
Icity
Swine Producers
Johnson County Swine Producers
BUICK
Speaal
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