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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 26, 1965
Page
9
North Carolina State and Iowa State scholars led the fifth annual conference examining rural poverty and farm policy. They linked farm overproduction, high costs, processor profits, and labor costs to rural poverty, urging direct payments, better schools, and nonfarm job growth to raise living standards.
Iowa Crop and Livestock Reporting Service reports corn stocks in all Iowa positions down from a year ago while soybean holdings rise slightly. Combined feed grains tonnage near 31% million tons, about six percent below the prior year.
The American Farm Bureau and Grange clash on Johnsons farm budget proposal with cuts to price supports. National Grange warns drastic cuts harm farmers and calls for service cuts in lieu of income reductions. College economist Theodore Schultz urges a positive program to aid poor farmers amid overall policy shifts.
The Federal Land Bank Association of Marengo reported 1964 loan activity surpassed only by the 1930s, with $877,800 in loans in Iowa and Poweshiek counties and total outstanding loans topping $6.79 million. Dividends of $26,884 were paid to 560 farmer members, with no delinquencies.
A dense schedule lists upcoming farm auctions across Iowa counties from Jan 27 to Feb 23. Entries name bidders and locations such as Belhl Alburnett Manchester Center Junction Cascade and others, detailing livestock machinery grain hay and related lots with dates times and venues.
An agriculture department report shows cattle feeding by packers and retail chains rose 82 percent from 1959 to 1963. In 1963 processors and retailers fed 1 083 800 head, about 4 percent of the national total, up from 593 000 in 1959, with 202 packing concerns and stores engaged in 1939 figures.
The Agriculture Department reports a decline in storage and handling costs for farm price support commodities during the first five months of the fiscal year. Costs totaled $138.39 million, down from $158.57 million a year earlier, reflecting smaller government stock levels and savings in grain storage and related operations.
Vocational agriculture students at West Delaware county high school earned an average labor income of 373.15 dollars from supervised farming projects in 1964, up from 311.36 dollars in 1963. The program involved 46 students producing crops and livestock on rented land and completing 457 supplementary practices.
Washington reports a weekly cattle slaughter ending January 16 reached 570000 head, the highest on record, surpassing 550000 head the prior December. The figure was 5 percent above the prior week and 23 percent above the same week last year.
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