Farm Asset Values Fall in 1949 for First Time Since War
Chicago reports preliminary 1949 farm assets declined by nearly five billion dollars from the 1949 peak of 127 billion. Real estate, livestock, and stored crops led the drop, offset by gains in machinery and equipment. Wall notes prices paid by farmers fell, but production remained high. gross income likely down about 10 percent from 1948 and net income about 16 percent lower. Farm mortgage debt rose about 7 percent to 5.45 billion on Jan 1 1950.
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Chicago
U.S
Norman J. Wall
U.S. Department of Agriculture
National Agricultural Credit Committee
Chicago Federal Reserve Bank
Wall
Non-Res
Co Op Dairy Patrons Vote To Enlarge Board
Over 200 Cedar Rapids Cooperative Dairy patrons attended the annual meeting at CSPs hall. They approved enlarging the board from five to not less than seven or more than nine members with initial selection by the directors. Howard Rieger won a three year term. Frank Begnick and Miles Sutera won three and one year terms respectively.
MENTIONED IN THIS ARTICLE
Co-Op Dairy
Lee Schwanz
Cedar Rapids Cooperative Dairy
C.S.P.S. Hall
Parpons
Howard Rieger
Lisbon
Frank Begnick
Marengo
Miles Sutera
Robins
James Cramer
Cramer
Bank For Cooperatives At
Omaha
McLain
Cedar Rapids
Paul Michel
Atkins
Howard Po
Oose Mae Marengo
Floyd Booth
Colesburg Creamery Reports Good Year
Colesburg Iowa creamery produced 594 834 pounds of butter valued at 356 132 60 with 341 930 17 paid to patrons for butterfat. Ray Holthaus elected to the board to succeed Ed Brockmeyer joining directors C B Klaus Frank Walters Paul Way and Ralph Moser. A C Horn is manager and buttermaker Roy Bush assistant Edith Merten secretary.
MENTIONED IN THIS ARTICLE
Colesburg
Grange Hall
Ray Holthaus
Ed Brockmeyer
C. B. Klaus
Frank Walters
Paul Way
Ralph Moser
A. C. Horn
Roy Bush
Edith Merten
Farms Change Hands In Colesburg Vicinity
Mr and Mrs Charles Barnhart purchased the 160 acre farm formerly owned by Mr and Mrs Paul Way for 16000 dollars. It lies 1.5 miles southeast of Colesburg. Mr and Mrs Ted Waiters bought a 200 acre farm two miles east of Colesburg from Anna and Neil Prentice. Possession for both properties will change March 1.
MENTIONED IN THIS ARTICLE
Colesburg
Charles Barnhart
Paul Way
Ted Waiters
Anna
Neil Prentice
Amana Dairy Herds Post January Output Figures
Amana Society’s seven dairy herds produced 977 pounds of milk and 36.3 pounds of fat in January. East Amana led with 1,162 pounds of milk and 42.1 pounds of fat, followed by Homestead 1,059 pounds milk 39.3 fat and South Amana 1,010 pounds milk 39 fat. Sixty lactation records were completed up to 602.8 pounds fat.
MENTIONED IN THIS ARTICLE
Amana
Amana Society
DHIA
Curtis Jones
East Amana
Homestead
South Amana
Winter Feed Costs Rise in Linn DHIA Report
DHIA supervisor C A Claypool compared winter and summer costs noting January's 46 cent per pound butterfat across 23 herds, up from 26 cents last August. January milk yield averaged 680 pounds with 23.4 pounds fat. Iowa’s December average was 27 pounds fat. High producers included Ben Dolan Prairieburg, Wallace Mills Coggan, Fay Bickel Anamosa, and Eastern Iowa Artificial Breeding Assn. high cow at 94 pounds fat.
MENTIONED IN THIS ARTICLE
C. A. Claypool
Linn Dhia No. 3
Iowa
Ben “Dolan
Prairieburg
Wallace Mills
Coggan
Fay Bickel
Anamosa
Eastern
Corn Prices at Glen Caldwell Sale Near Columbus Junction
At the Glen Caldwell closing out sale near Columbus Junction 2400 bushes of corn sold for 1.20 a bushel. 42 tons of loose clover and timothy hay brought 13 a ton and baled straw 0.59 a bale. Milk cows sold 155 to 185. Broad sows 61 to 73 and Ames crossbred pullets 1.75 each.
MENTIONED IN THIS ARTICLE
Columbus Junction
Glen Caldwell
Ames
Wrong Tree Feeding Advice Sparks Farm Feed Debate
A farmer in Nordness Iowa claims unbalanced rations boost hog gains using Big Gain Balancer with 7.00 dollars worth of corn and 1.75 dollars of supplement. He asserts 100 pounds of gain per 8.75 dollars cost. Nearby suppliers Besters offer free samples from North Liberty Elevator J H Kruse Earlville C E Ratzel Urbana Feed Store.
MENTIONED IN THIS ARTICLE
Ben Rovang
Nordness
Iowa
North Liberty
J. H. Kruse
Earlville
C. E. Ratzel
South Amana
Urbana Feed Store
Urbana
Government announces plan to cap farm price surpluses sale
Washington plan sets minimum 5 percent above support level plus handling charge for surpluses. February selling prices list shows butter and cheese up modestly above market, with large quantities of wheat, barley, oats, corn, dried milk, beans, flaxseed and linseed offered. A small amount of edible peanuts sold near present prices.
MENTIONED IN THIS ARTICLE
Washington (Lp
Agriculture Department
USDA
Market Listings Report Large Grains and Oils Trade
The notice details vast grain and oil trade items including 13,579,000 bushels of wheat and 20,000,000 bushels of barley with futures at 50 to 90 cents over market. It notes 4,459,000 bags of dry beans at high premiums, 13,000,000 bushels of flaxseed at 4.29, and 400,000,000 pounds of raw linseed oil at 18.5 cents F.O.B. New York or Baltimore. Also listed are 170,000,000 pounds of dry skimmed milk at 13 cents for spray and 11 for roller, all above or near market.
MENTIONED IN THIS ARTICLE
Minneapolis
F.O.B. New
York
Baltimore
California
Soil humus and granule structure boost water storage
A strong humus content and granular soil structure improve the soil’s capacity to retain water while allowing excess moisture to drain away efficiently.
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