Inflation Curbs May Not Stop Rising Farm Land Prices
Washington AP reports farm land values, at a 22 year high, may keep rising in 1973 despite inflation curb efforts. Real estate up 13 percent from March 1972 to March 1973 with Wisconsin leading at 21 percent and California, Utah, Arizona, Louisiana under 10 percent. Factors include looser credit and steady rates, plus rising demand for rural homes and private recreation.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Wisconsin
California
Utah
Arizona
Louisiana
Regulations Tighten Future Trading Oversight
The Agriculture Department’s Commodity Exchange Authority seeks public comments on a proposed regulation to tighten surveillance of commodity traders in futures markets. The Aug 27 deadline applies to measures requiring contract markets to monitor activity for distortions, examine members’ records, and impose prompt disciplinary actions. The agency says some markets are passive about policing members and others fail to diligently seek violations.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Commodity Exchange Authority
CEA
Sheryl Hall Captures Top Steer at Angus Show
The South Central Iowa Junior Angus Assn. held its steer and heifer show at the Oskaloosa fairgrounds. Champion heifer Heritage Marshall 162, shown by Gary Mather, with reserve Keifer shown by Ted Hammes, and champion steer weighing 930 pounds shown by Sheryl Hall of Malcom, led a class of 32 entries. Dawn Samman was named champion showman, with judge Vernon Brogla of Oxford.
MENTIONED IN THIS ARTICLE
Oskaloosa
South Central Iowa
Angus Assn
Fairground
Heritage Marshall
Gary Mather
Webster
Ted Hammes
Keswick
Keifer
Sheryl Hall
Malcom
Jeff Gropper
Grinnell
Dawn Samman
Dysart
Vernon Brogla
Oxford
Injunction Issued Against NFO By Wisconsin Judge
Fond du Lac Wisconsin AP A temporary injunction blocks National Farmers Organization from diverting AMPI members to NFO outlets. Judge Gerald Murphy ordered the restraint after AMPI alleged raiding and noted NFO delays in trial. The injunction allows NFO to handle milk from producers with preexisting NFO sales agreements.
MENTIONED IN THIS ARTICLE
Fond DU Lac
Wis
National Farmers Organization
NFO
Gerald Murphy
Associated Milk Producers, Inc
AMPI
Corning
Town
Murphy
State Supreme Court
Wisconsin Supreme Court
Soviets Expect Record Harvest This Year
Washington reports from UPI state the agriculture department sees a potential record Soviet grain harvest of about 195 million tons in 1973 74, up 16 percent from 1972, while imports may decline from earlier estimates though officials decline to specify how much. Russia’s 1972-73 imports near 30 million tons, including 19 million from the United States.
MENTIONED IN THIS ARTICLE
Washington
UPI
Agriculture Department
Russia
Foreign Agricultural Service
FAS
U.S
Law Change Sets Earlier Farm Lease Termination Date
The Iowa legislature cut the final notice date for farm lease termination from November 1 to September 1. Ed Kirby of Iowa State University notes this is the sole change, warning landlords and tenants about the new rule. If enacted this year, a lessee must receive termination notice by September 1, 1973, or the lease auto renews for another year.
MENTIONED IN THIS ARTICLE
Iowa
Ed Kirby
Cedar Rapids
Iowa State University
Northeast Iowa Angus Group Field Day At Viewland Farm
Over 700 Angus breeders and cattle enthusiasts attended the Northeast Iowa Angus Assn field day at Viewland Farm in Mabel Minnesota. LaRoyce Leonard of Perry showed the champion heifer from 26 entries, while Becky Schumacher of Cresco exhibited the reserve champion heifer. Wanda Clemons of Peosta led the top steer from a 14-entry class. Adah prayed eee WHCAD hasede wy Howard Dean Belmond noted among judges. LaRoyce Leonard was named top junior showman with Schumacher winning the senior showmanship title. Robert Jacobs of the University of Minnesota judged the event.
MENTIONED IN THIS ARTICLE
Iowa
Also Mentioned on This Page
Iowa Beef Processors, Inc
Dakota City
Neb
Bonita Bertrand
Jefferson
Louise Blair
South Sioux City
Sherry Bender
Dave Beddin
Faum News
By Don Kendall
Robert D. Reinsel
Angus
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