Grassley presses Reagan on farm credit aid and timing
Senator Grassley of Iowa warned the farm debt crisis may endanger thousands of farmers without quick action. He urged the president to fund the $650 million operating loan program, noting Cabinet discussions show attention but no clear direction. Grassley cautioned action within two weeks to avoid a late spring impact.
MENTIONED IN THIS ARTICLE
David Lynch
Washington
Charles Grassley
Iowa
Reagan
Grassley
Cabinet Council On Economic Policy
Ing
Agriculture
John Black
Block
Boone organic farmer touts ridge till beans save and yields
Dick Thompson a 53 year old Boone farmer describes switching to ridge till planting at Cedar Rapids Iowa during the Eastern Iowa Conservation Tillage Show. He reports saving 25 to 40 dollars per acre on input costs and similar soybean yields to conventional methods while noting corn yields fell by about 20 bushels per acre. Thompson, an early adopter, plans 200 small plots on his 300 acre farm this summer and continues organic practices except for one Dual product trial.
MENTIONED IN THIS ARTICLE
Fette Farms
Dick Thompson
Boone
Thompson
the Gazette
Iowa
Cedar Rapids
Jefferson
Stockman plan drew fire from Iowa lawmakers on farm aid
Iowa Senate Agriculture chair Sen. Bert Priebe blasted budget director David Stockman as callous while denouncing a proposal to raise federal farm loan guarantee fees from 0.33 percent to 5 percent. He warned the move would hurt farmers and overseas buyers, with loan guarantees rising from about 12 million to over 180 million annually under the plan.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Senate Agriculture Committee
David Stockman
Reagan Administration
Senate
Bert Priebe
D-Algona
Stockman
Priebe
Farmers Home Administration
Berkley Bedell
D-Ia
U.S
City Briefs Curfew of Receipts and Local Notices
Burglary report cites John G. Merringer of 1411 A Ave NE saying a window break Monday evening led to theft of goods totaling 6500 including guitars amplifiers stereo gear and a color television. Other short local items advertise services events and sales from area businesses and organizations.
MENTIONED IN THIS ARTICLE
John G. Merringer
Ave
PCA Branch Closures Expand Across Iowa Banking Network
Two more Production Credit Associations closed branches in Iowa bringing total to 13 since last year. Northeast Iowa PCA closed Elkader Waukon and Manchester offices effective Jan 15 with patrons moving to Decorah and Dyersville. Central Iowa PCA launched a three tier rate plan lowering rates for about 90 percent of borrowers while securing varied equity and collateral criteria.
MENTIONED IN THIS ARTICLE
Production Credit Association
PCA
Iowa
Central Iowa Production Credit Association
Newton
Elkader
Waukon
Manchester
Decorah
Dyersville
Pcas
Northeast Iowa Pca
Ralph Mayer
the Gazette
Northeast Iowa
Central Iowa
Clarinda
Ottumwa
Eastern Iowa
Maurice Russell
Midwest Markets Reflect Mixed Grain and Livestock Quotes
Cedar Rapids cash grain shows No 2 corn about 2.71 to 2.78 for Jan through May with new crop at 2.51. White corn and soybeans slide. oats hold steady. Iowa grain prices, live hens, hogs, dressed meats, and Omaha livestock figures follow, with steady to light demand and variable prices across regions.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Pro
JOLIET Livestock Tuesday Market Report
Hogs bid lower across weights with 1 25 and mixed 1 3s in the 48 to 49 dollar range. Heavier hogs 270 to 330 pounds show 42 to 47.50. Cattle trade weak with lows around 41 to 50 dollars and too few lots for full market test.
New Liberty Auction Fat Cattle Sale Receipts Report
Tuesday fat cattle sale receipts total 489 head. Slaughter steers and heifers quoted $1 lower. top slaughter steers $66. new prime $64.70-$65.80. good to choice $63-$64.75 for 1100-1300 lbs and $61-$63.60 for 900-1100 lbs. Holstein steers top $60. cows receipts 65 head with prices $38-$44 for breaking utility and high dressing $44. cutter utility $33-$38. canner $25-$33. Butter unchanged. eggs steady to barely steady with extra large 0.68-0.70 and large 0.65-0.68.
MENTIONED IN THIS ARTICLE
U.S
Iowa
Iowa Department of Agriculture
N.central
S.central
Omaha
Jeep
New Liberty
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